Marquette Mall marked down to $9 million |
Marquette Mall marked down to $9 million |
May 24 2017, 02:46 PM
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Spends WAY too much time at CBTL Group: Admin Posts: 16,425 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. |
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