Fashion Square Mall sold at auction on the Albemarle County Courthouse steps for $20,200,000 on a humid Friday afternoon in the City of Charlottesville.
The lender purchased the property.
The only bidder, Richard Hewitt, stepped aside at $20.15 million, which allowed the lender to maintain ownership of Fashion Square Mall.
The I Love CVille team filmed the entire auction so the community can watch it from start to finish. #iLoveCVille
Learn more about Richard Hewitt here: https://www.dnb.com/business-directory/company-profiles.seminole_trail_properties_llc.7c4b36c0a6bef7f26891e18282b89e7c.html