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Liberty Tree Mall in Danvers listed for sale

CBS Boston
CBS Boston
 2022-08-10

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Liberty Tree Mall in Danvers listed for sale 00:23

DANVERS - The Liberty Tree Mall is looking for a buyer.

The Salem News reports that the shopping center in Danvers has been on the market since mid-July. Built in 1972, the 454,000 square-foot space is currently owned by mall investment company Simon Property Group.

The real estate listing says the mall currently has an occupancy rate of 88%.

"Liberty Tree offers an impressive anchor tenant line-up of AMC Theatre, Marshalls, Michaels, Total Wine & More and a brand new Aldi (currently under construction), along with strong shadow anchors including Target, Home Depot, Best Buy, Nordstrom Rack, and Kohl's," the listing states.

The listing also says there's more room on the 41-acre site "for possible uses including office, medical office, and hotel."

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