There Is a New Buyer For SF's Shuttered Mall

A buyer has reportedly been selected for most of the former SF Centre mall property the portions facing Market Street, but not the former Bloomingdale s store, which is on a separate parcel of land.For the second time this year, the banks that bought the former Westfield SF Centre mall out of foreclosure have entered into negotiations with a buyer for the majority of property. As the Chronicle reports, there were three finalists as of Monday, and the sellers, a partnership of Goldman Sachs and JPMorgan Chase, have reportedly selected a winning bid: New York-based investor Seven Equity Group.The deal would be to buy what was the former Emporium property in the middle of the block, as well as the connected Nordstrom portion of the mall at the corner of Market and Fifth streets. As reported earlier, these represent the properties that are part of a land lease from the SF Unified School District, which wants to continue collecting lease payments on the land under an agreement signed over