University Mall Under New Management

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Thursday November 24, 2016

KeyPoint Partners, LLC (KPP) has been awarded the management and leasing assignment for University Mall (UMall) according to Robert Lemons, managing partner of the firm. The mall is under new ownership. Current on-site mall management staff will be retained, and KPP Vice President of Leasing Don Mace is handling leasing for the assignment.

“Our firm provided services for this property in the past, and we’re very pleased to be handling it again,” Lemons says. “UMall is a premier shopping destination, and has long been a vital part of the South Burlington community.”

UMall, located on Dorset Street, is Vermont’s largest enclosed mall at more than 610,000 square feet. Anchored by Kohl’s, JCPenney, The Bon-Ton, and Sears, the mall includes more than 80 retailers and restaurants. Outparcel merchants include Hannaford Supermarket, Party City, Vitamin Shoppe, and People’s United Bank.

Headquartered in Burlington, Massachusetts, KPP is a commercial real estate service firm, providing property & asset management services for retail, office, and industrial properties, leasing for retail properties, and tenant representation services for local, regional, and national retailers.