BOB HOWARD

Escrow is expected to close shortly on a sale that could bring a long-awaited solution for one of the San Fernando Valley's most prominent problem properties, the Sherman Oaks Galleria.

The Galleria, which includes 516,000 square feet of retail space and 388,000 square feet of office space at the corner of Sepulveda and Ventura boulevards, is a once-successful mall that has been losing tenants and shoppers steadily in recent years...

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