BREAKING NEWS Wizards beat Raptors 106-99 to take 3-0 lead in Best-of-7 playoff series.

Lakeforest Mall on the market

The owners of Lakeforest Mall in Gaithersburg have put the property up for sale after falling behind on loan payments, The Washington Post reported.

The 1 million-square-foot mall is one one of hundreds nationwide that is managed by Simon Property Group, the Indianapolis-based real estate investment trust. General Motors Asset Management, managers of the automaker’s pension plan, are majority owners of the mall and Simon owns a 25 percent stake.

Advertiser Content