November 15, 2024 8:59 pm
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Sale of Prescott Gateway Mall falls through

Source: The Daily Courier

By Max Efrein | The Daily Courier

Going, going… not gone.

The Daily Courier has confirmed that the sale of the Prescott Gateway Mall has fallen through.

After a two-day auction, the Prescott Gateway Mall sold on April 5 with a final bid of $10,009,999.

The sale, which was hosted on Ten-X, an online real estate marketplace website, was for the mall’s 318,500-square-feet. It did not include the anchor stores — Sears, JCPenney and Dillard’s — which own their individual spaces totaling about 200,000 additional square feet.

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© 2024 Rose Law Group Reporter

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.