Greenspoint Mall under contract

Greenspoint Mall, a long beleaguered shopping mall at the northeastern intersection of Interstate 45 and Beltway 8, is under contract.

The seller was Bob Yari, a Long Angeles-based real estate investor who’s owned three malls in the Houston area, North Houston District officials told the Houston Business Journal. The mall sold to a group of investors with Global Plaza Union, per the Houston Chronicle. The purchase price wasn’t disclosed.

Click to read more at Houston Business Journal.