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MALL'S RECEIVER TO BE DISCHARGED NEXT WEEK

(Richmond, IN)--There is a transition of sorts at the Richmond Square Mall, although it’s not a transition that will be noticeable to customers.  When the mall sold for $4 million at sheriff’s sale in late July, a receiver was appointed by the court.  A receiver is essentially a property manager.  According to attorneys working with the case Monday, next week, that receiver status will be discharged.  Chicago-based DTZ will be the property manager.  DTZ was also the court-appointed receiver.  Attorneys said that mall patrons will not see any change.  Wells Fargo Bank purchased the mall in July.

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