Marquette Mall marked down to $9 million |
Marquette Mall marked down to $9 million |
May 24 2017, 02:46 PM
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#1
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Spends WAY too much time at CBTL Group: Admin Posts: 16,423 Joined: 8-December 06 From: Michigan City, IN Member No.: 2 |
In November 2014 it was listed at $11.5 million.
https://www.bisnow.com/chicago/news/retail/...roperties-74730 QUOTE The third asset, Marquette Place at 450 St. John Road in Michigan City, Indiana, is the largest asset in the portfolio but the weakest performer. The 481K SF shopping center is only 60% leased, but it is on Michigan City's main retail strip and has tenants including Athletico, Carson Pirie Scott and Planet Fitness. It is listed at $9M as a value-add opportunity. |
May 24 2017, 03:05 PM
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#2
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Really Comfortable Group: Members Posts: 1,829 Joined: 11-January 07 From: Kobe, Japan Member No.: 18 |
In November 2014 it was listed at $11.5 million. https://www.bisnow.com/chicago/news/retail/...roperties-74730 Wouldn't it be great if someone bought the mall and turned it back into this? Attached image(s) |
Jun 4 2017, 09:53 AM
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#3
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Really Comfortable Group: Members Posts: 2,005 Joined: 6-July 09 From: In Front of a computer screen Member No.: 929 |
The Ford dealership across the street has changed hands again. Sauers Ford is now Castle Ford.
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Jun 18 2017, 04:39 AM
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#4
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Really Comfortable Group: Members Posts: 1,177 Joined: 19-November 09 Member No.: 969 |
Make the dead mall into a memorial or museum to the hollowed out middle class.
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