Midland Mall Bought by Local 33-year-old Investor

Jordan Dice is the principal in the firm J.R. DICE, a real estate brokerage and property management company. Dice is 33, also is the President & CEO of IPtelX, a specialty telecom company.

Jordan Dice, 33 President and CEO of IPtelX

His career started in his family’s business at 13-years-old before starting his own local internet service provider in Bay City. StarNet Wireless, a Bay City internet service provider that earned his “first million of sales within the first few years.” Dice is a Delta College graduate, and has degrees in computer science and accounting. Dice was one of the recipients of “40 UNDER 40” class of 2019.

The mall was sold on March 30th after a three-day online auction. Dice only found out about the sale when his wife tagged him on Facebook. “It caught my attention, so I looked into it and after going through the other malls in Mid-Michigan,

Midland Mall showcases more than 60 specialty and name-brand shops in over 505,900 sq. ft., located at the North East corner of Eastman Ave and Cinema Drive

I decided the Midland Mall was the best and had the most potential,” said Dice. Dice added malls serve an important role in the community and wants to keep the legacy going.

Todd Szymczak, Senior Vice President of real estate firm NAI Farbman of Southfield, said the final bid for the mall was “greater than $5 million.” The mall was built in 1991 on nearly 33 acres of land and is 570,000 square feet in size. 

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