Earlier in the Summer, Baltimore, Maryland-based MCB Real Estate acquired the 450,000 square foot Rhode Island Mall on Bald Hill Rd. in Warwick, Rhode Island from co-owners Winstanley Enterprises of Concord, Massachusetts and Surrey Equities of New York City. The new owners have suggested that the project is to be re-branded and redeveloped as more of a shopping center, rather than a traditional mall, according to reports in the Providence Journal. The plans call for up to five 30,000 to 50,000 square foot box stores. Burlington Stores is reported to be opening in 2016. Sears, WalMart and Kohl’s are in the mall.

MCB Real Estate LLC, 2701 North Charles St., Suite 404, Baltimore, Maryland 21218 (410/662-0104, contact@mcbrealestate.com , www.mcbrealestate.com)