December 21, 2024 9:49 am
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Merchants eye potential impacts of Gateway Mall sale

Mark Derosa, right, manager of Games People Play at the Gateway Mall, believes Gateway Mall would be more successful if management would bring in service industries. With him is store associate, Jim Barry. Games People Play | Courtesy photo

Hoping new owners will be creative moving forward

By Max Efrein | The Daily Courier

While Prescott Gateway Mall essentially sits in escrow following a $10 million auction purchase on Wednesday, April 5, the businesses currently operating on the property are still open and awaiting a verdict.

For Mallory Ronaldson, owner of Go Bananas, a child play center at the mall, this would be the fifth time the property has changed management in her nearly seven years of business.

“First it was Macerich, then the bank, then Urban Retail and now Tabani,” she said.

And if the sale goes through as planned after about 20 to 50 more days of processing, the newest owner will step into the limelight.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.