Algoma Central Corporation has announced that it will be selling the company’s real estate holdings.  In Sault Ste. Marie, that includes the 500-thousand sqaure foot Station Mall, the Station Tower on Bay Street, The Delta Waterfront Hotel which it owns but does not manage and a residential apartment building.  The company says it has begun the process as marketing of the properties is expected to begin in 2016 and steps are now being taken to prepare the properties for sale.  Algoma Central owns properties in St. Catherines and Waterloo as well as the Sault and the entire portfolio of properties had a net book value of 79.2-million dollars as of September 30th.