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Real Estate Deals: Hilltop Mall's road to renewal takes a sharp turn

·3 min read
Real Estate Deals: Hilltop Mall's road to renewal takes a sharp turn
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Editor's note: The Business Times named the sale of Hilltop Mall as its Visionary Award winner in its Real Estate Deals of 2021 program. America’s malls were in trouble before the pandemic and in tatters after, and Bay Area outposts like Richmond’s Hilltop Mall were no exception. Just ask Southern California-based LBG Real Estate Cos. Leslie Lundin, the company’s co-founder and managing partner, said a developer friend of hers told her more than a decade ago that he believed she could buy and redevelop the mall to make it successful again.