The longtime shopping center, last appraised at over $40 million, includes more than 90 stores and restaurants.
OCALA, FL (352today.com) – CBL Properties has purchased the Paddock Mall in Ocala from Washington Prime Group for an undisclosed amount, according to a company release issued from Ohio.
The property was last appraised at just over $40 million.
Opened in 1980, the Paddock Mall spans approximately 550,000 square feet and is home to more than 90 stores and restaurants. The mall is anchored by JCPenney, Macy’s and Belk. A fourth anchor space, previously occupied by Sears, is currently being redeveloped into the Paddock Market.
As one of the region’s key retail centers, the Paddock Mall serves as a central shopping and dining destination for Ocala and surrounding communities. CBL Properties has not yet announced any future plans for the site.
More news that matters to you…
-
352Today has received multiple reports of incidental slowdowns on Interstate 75 both southbound and northbound around the Ocala area.
-
An Ocala man helped pave the way for a new generation of African American boat captains at one of the area’s most popular tourist attractions.
-
The Southwest Florida Water Management District is closing Alston Tract in Pasco County for a feral hog hunt Jan. 6-8, 2026.
-
A Gainesville community activist is doing his part to make certain the whole history of the area is being told.
-
New construction projects slated for 2026 are underway to cater to the rising expansion in the 352.
