MANASSAS, VA. — Pyramid Management Group (PMG) has acquired an interest in the Manassas Mall in Manassas, Va. PMG will be taking over all leasing and management of the 935,000-square-foot regional shopping center. The closing, which took place on Feb. 28, is Pyramid's first foray into northern Virginia. Pyramid plans to restructure the mall with a balanced mix of fashion retail, dining and unique entertainment offerings. In addition, Pyramid will update the shopping center with a redesigned interior, new common area with soft seating and a modernized food court.??Pyramid, known for developing Destiny USA in Syracuse, N.Y., is the largest privately owned developer of shopping centers in the northeastern United States. Pyramid has focused on retail-based tourism and entertainment industry for more than 40 years. “We look forward to evolving the Manassas Mall into a shopping center the city of Manassas and its residents deserve,” says Stephen Congel, CEO of Pyramid Management Group.
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