Wheaton's Westfield Mall faces uncertain future

Wheaton's Westfield Mall faces uncertain future

One of the largest malls in Maryland is facing an uncertain future right now.

Another Unibail-Rodamco-Westfield Mall Sent to Special Servicing

Another sprawling Maryland mall owned by Unibail-Rodamco-Westfield (URW) is in the doghouse, having missed the maturity date on its debt last month. URW’s Westfield Wheaton, a 1.7 million-square-foot mall on the northern outskirts of Washington, D.C., was transferred to special servicing after failing to meet the March maturity on a $234.6 commercial mortgage-backed securities package tied to the property, according to Morningstar Credit. The sp…