Ownership
After being sold by its developer, Forest City Enterprises of Cleveland, Rolling Acres Mall has since changed hands several times. It was in the hands of the Whichard family, known for buying malls and then flipping them for a profit. However, even Whichard had problems attracting major players. Invest Commercial LLC, a real estate developer from California bought the facility in July 2006. A number of employees were immediately fired. The future of the site remains unknown. Although Invest Commercial now owns the enclosed mall, concourses, and the Dillards facility, they do not own the other four anchors' buildings. This could become a problem in regards to the redevelopment of the site.
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