Atlas Hill RE and Partners Have Acquired Galleria Fort Lauderdale

Fort Lauderdale – September 23, 2025 – Atlas Hill Real Estate in partnership with GFO Investments, InSite Group, and Prime Finance, today announced it has completed the acquisition of Galleria Fort Lauderdale, marking the start of a transformative chapter for the city’s most iconic shopping and dining destination. Centennial Real Estate will serve as the property manager for the asset.

The locally based partnership plans to reimagine the property as a vibrant hub of retail, culture, and community. Plans include a re-merchandising program and a significant renovation of both the exterior and interior spaces.

“Galleria Fort Lauderdale is an integral part of the city’s retail scene,” said Sandeep Mathrani, Founder and Managing Partner of Atlas Hill Real Estate. “The acquisition aligns with our investment strategy of purchasing great real estate in strong markets that need our attention. We have a rare chance to create a modern destination that celebrates its legacy while introducing new experiences for both residents and visitors.”

This acquisition represents Atlas Hill’s second major investment since its founding in 2024. The firm has owned Annapolis Mall in Annapolis, Maryland for just over a year, during which time it has leased more than 350,000 square feet. Today, Annapolis Mall’s ‘signed-but-not-open’ occupancy sits above 90%, underscoring the team’s ability to attract top-tier tenants while curating a thoughtful merchandising mix.

New tenants include Dick’s Sporting Goods – House of Sport, Tesla, Uniqlo, Dave & Buster’s, Swarovski, and Talbots. These are in addition to the existing roster of Apple, Urban Outfitters, Crate & Barrel, Zara, American Eagle, Victoria’s Secret, and Lululemon. The Cheesecake Factory and Maggiano’s complement the food and beverage line-up.

About Atlas Hill Real Estate

Atlas Hill Real Estate, founded by Sandeep Mathrani, is a strategic real estate investment and development firm focused on transformative projects. Mr. Mathrani brings decades of leadership in the retail real estate sector, having served as CEO of GGP and Vice Chairman of Brookfield Properties. He has also held key industry leadership roles at Forest City, Vornado Realty Trust, past Chair of NAREIT, and past member of the Executive Board of Trustees at ICSC. Today, he continues to shape the future of retail real estate as a Board Member of Dick’s Sporting Goods (NYSE: DKS), Tanger Inc. (NYSE: SKT), Lucky Strike Entertainment Corp (NYSE: LUCK), and Mindspace REIT (BOM: 543217).

About Galleria Fort Lauderdale

Galleria Fort Lauderdale is one of South Florida’s premier shopping destinations, offering a diverse mix of retail and dining experiences. Anchored by Macy’s, Dillard’s, and H&M, the center also features popular retailers including Altar’d State, Apple, Banana Republic, Free People, Michael Kors, and Pandora.

Dining options include The Capital Grille, Seasons 52, and P.F. Chang’s. Just steps from Fort Lauderdale’s world-famous beaches and minutes from the airport, cruise port, downtown, hotels, and the Greater Fort Lauderdale Convention Center, the center is easily accessible from Sunrise Boulevard, U.S. Highway 1, Interstate 95, Interstate 595, and U.S. Highway A1A. For more information, visit https://www.galleriamall-fl.com.

About Annapolis Mall

Annapolis Mall is a super-regional shopping center located in Maryland’s famed Chesapeake Bay region, just three miles from the historic Annapolis waterfront, in the greater Washington, D.C., corridor. A go-to shopping, dining, and entertainment destination, Annapolis Mall features more than 200 top retailers and restaurants, including Macy’s, Apple, Crate & Barrel, Lululemon, H&M, Michael Kors, Tumi, Urban Outfitters, Free People, Footlocker, Zara, and dining favorites Maggiano’s and The Cheesecake Factory, as well as an AMC Theatres location with 12 screens. To learn more, visit www.annapolismall.com.

Leasing Contacts:

Stephanie Mineo
stephanie@atlashillre.com
410-858-6961

Melinda Holland
melinda@atlashillre.com
312-286-3497