Tishman Speyer Buys Mazza Gallerie Mall For $52M, Plans Redevelopment

A shopping mall in Northwest D.C.’s Friendship Heights neighborhood is set to be redeveloped after selling at a foreclosure auction last year. 
Tishman Speyer announced Tuesday it acquired the Mazza Gallerie mall at 5300 Wisconsin Ave. and plans to redevelop it with apartments and retail. 
The developer bought the mall for $52M, according to a deed posted Tuesday to the D.C. Recorder of Deeds. Tishman Speyer hasn’t announced its exact plans for the project, but it said it plans to retain substantial retail space and the underground parking garage while adding rental housing. 
“All over the U.S., Tishman Speyer has been creating mixed-use environments that…

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