Update: Montgomery Mall Purchased By Local Company

Montgomery Mall has a new owner and it's a local company!

The previous owner, Glimcher Realty says Dothan Acquisitions, LLC bought the Montgomery Mall for $4.4 Million Dollars.

Mayor Bright says he's waiting to hear back from the owner who he hopes will upgrade the facility which the may describes as having "such a huge potential.

We left a message with the owner asking for an interview but so far, we're like the mayor...waiting.

We're told the company that bought the mall was instrumental in revitalizing the Porter Square Mall in Dothan.

The company moved the corporate headquarters of Movie Gallery into Porter Square in a former anchor store's building.