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Three Rivers Mall in Kelso, WA sold

Posted: July 18th, 2019, 9:39 pm
by Super S
https://tdn.com/news/local/three-rivers ... 4c612.html

An interesting development. Hopefully this will bring some kind of turnaround here, GGP and its successors have mismanaged the mall for years. It's a very visible location.

More about the new ownership:
https://tdn.com/news/local/clary-and-wi ... op-story-2

The Clary brothers mentioned own several car dealerships around Washington including the Chevrolet and Subaru dealerships in downtown Longview. I am hesitant to say that the site could be turned into car dealerships at this time though as they just built a new Subaru showroom and remodeled the Chevy dealership fairly recently. But the site does have good visibility and I wouldn't rule that out completely. The current dealerships have little space to expand.

In any case, the local ties in the new ownership group may be a good thing for the property in the long run.