December 26, 2025
Concord Mall in Delaware mistakenly listed for sale for  million

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  • Delaware’s Concord Mall was mistakenly on the market with an asking price of $30 million.
  • The mall, currently 77% occupied, was acquired by Namdar Realty Group in February 2020.
  • Despite a steady decline in stores, the property’s now-removed listing was being marketed for its redevelopment potential.

(Editor’s note: This story has been updated to reflect that the mall is not for sale.)

The Concord Mall is apparently not up for sale, according to a PR group who said the listing was mistakenly posted.

The more than 800,000-square-foot shopping center along Concord Pike in Brandywine Hundred was put on the market on Nov. 20 with a $30 million asking price, but the listing has since been taken down.

“Ownership has confirmed that the listing marketing Concord Mall for sale was posted in error by a leasing broker––and has since been taken down,” UpSpring PR Associate Vice President Adelaide Godwin told Delaware Online/The News Journal in an email.

The now-removed listing stated Concord Mall is 77% occupied, with anchor tenants including Macy’s and Boscov’s.

“Boasting redevelopment potential, this property is ideal for a variety of uses, from traditional retail to mixed-use development or cutting-edge experiential concepts,” the listing stated.

Built in 1968, Concord Mall is the second-largest mall in Delaware with 33 stores, six eateries and a beauty school, as listed on the mall’s website.

Namdar Realty Group, a commercial real estate investment firm based in Great Neck, New York, acquired the mall in February 2020 from Delaware-based Allied Retail Properties.

Namdar has been snatching up struggling malls across the country since 2012, according to a Reuters report, and now owns over 100 shopping malls.

The company owns several malls and shopping centers across Pennsylvania, Maryland and New Jersey. The Concord Mall is Namdar’s only Delaware property.

Over 47,000 drivers travel Concord Pike daily, according to the listing, making Concord Mall a bustling retail market. The mall also draws shoppers from across the border with the lure of tax-free shopping.

However, the Concord Mall has seen a steady decline in its number of stores. It lost its main anchor, Sears, in 2020 and the building has been vacant since.

Sophia Voight is a growth and development reporter. Reach her with feedback and story tips at [email protected].

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