Sale Pending For Orchards Mall

The online auction for the Orchards Mall is over. The winning bid in an online auction came in at $2.1 million after the close of the auction was extended several times during the noon hour. Steve Silverman of Farmington Hills-based Friedman Integrated Real Estate Solutions tells WSJM News they’re now working on finalizing the deal with the buyer of the property. His firm handled the auction on behalf of mall owner Michael Kohan. The goal was to sell the mall and the land for $2.5 million, and the auction had been pushed back from a scheduled three-day event last week to only taking bids today. The auction closed shortly before 1 p.m.