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Macerich purchased Raleigh's Crabtree Valley Mall for $290 million. The company owns 38 malls and shopping centers across the U.S.

A once-bustling shopping destination in Gautier is being torn down—ushering in a new chapter for the city. The Singing River Mall, which sat vacant for years and became a symbol of economic stagnation ...

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The Crabtree Valley Mall in Raleigh has been sold to the Santa Monica-based Macerich Company for a staggering $290 million.