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> Marquette Mall marked down to $9 million
Southsider2k12
post May 24 2017, 02:46 PM
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Spends WAY too much time at CBTL
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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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Tim
post May 24 2017, 03:05 PM
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QUOTE(Southsider2k12 @ May 24 2017, 02:46 PM) *

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?


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taxthedeer
post Jun 4 2017, 09:53 AM
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The Ford dealership across the street has changed hands again. Sauers Ford is now Castle Ford.
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diggler
post Jun 18 2017, 04:39 AM
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Make the dead mall into a memorial or museum to the hollowed out middle class.
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