MONDAY, Jan. 24, 2005, 2:29 p.m.Grand Avenue mall put up for saleThe newly
renovated Shops of Grand Avenue in downtown Milwaukee is being put up for sale,
mall owner Northwestern Mutual Life Insurance Co. announced today. The
250,000-square-foot mall, which last year added anchor tenants Linens ‘n Things
and T.J. Maxx, is being marketed for Northwestern Mutual by two commercial real
estate brokerage firms: CB Richard Ellis Inc.’s Chicago office and
Milwaukee-based Polacheck Co.Grand Avenue’s new stores, including Old Navy, have
pushed its occupancy rate above 90%. The sale doesn’t include the building that
houses the Boston Store, which is owned separately from the mall. (http://www.jsonline.com/news/daywatch.asp#5961)
Monday, January 24, 2005
They got rid of Hooter's for this?
I don't know if it was to make it more palatable for sale or what, but the replacement of Hooter's (which was easily within walking distance of my downtown apartment) with TJ Maxx was a bitter enough pill to swallow, now the whole mall is going to be sold, possibly to someone who is pro-Hooters. What a shame...
Posted by E.S.K. at 2:49 PM