Miami real estate developer purchases former Bangor Macy’s
A subsidiary of Lionheart Capital, a Miami-based real estate development and investment company, closed on its purchase of the former Macy’s department store property at the Bangor Mall earlier this week.
Ten-X, the online auctioneer that sold the store, confirmed the deal closed on Jan. 16, but would not reveal the buyer. Lionheart on Thursday confirmed that its subsidiary, Out of the Box Ventures LLC, also of Miami, is the buyer.
It is unclear what the new owner plans to do with the property.