Granite Run Mall Sold, Report Says

The Granite Run Mall has been sold to BET Investments Inc., which is owned by Toll Brothers cofounder Bruce Toll, according to an exclusive report from the Philadelphia Business Journal.

BET Investments, a real estate company based in Horsham, Pa., paid $24.25 million for the 1-million-square-foot regional mall, according to Philadelphia Business Insider.

Read more about the sale, including the investment group's vision for the property, here on Media Patch.