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Author Topic: Morningstar: Bangor Mall at risk of default  (Read 155 times)
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retailisking
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« on: September 20, 2017, 07:19:50 PM »

Consider the ultimate source of that speculation, but Bangor Mall has struggled with high vacancy rates for some time. I don't think the situation is as dire as the Steeplegate Mall, though.
https://bangordailynews.com/2017/09/19/news/bangor/bangor-malls-owner-at-risk-of-default-on-80-million-loan
« Last Edit: September 20, 2017, 07:30:26 PM by retailisking » Logged
danfifepsu
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« Reply #1 on: September 20, 2017, 09:13:01 PM »

Consider the ultimate source of that speculation, but Bangor Mall has struggled with high vacancy rates for some time. I don't think the situation is as dire as the Steeplegate Mall, though.
https://bangordailynews.com/2017/09/19/news/bangor/bangor-malls-owner-at-risk-of-default-on-80-million-loan

oh its not and the mall is at 88 percent occupancy rate. the mall falls under "I have seen worse", the Berkshire mall is even worse than the Steeplegate.
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danfifepsu
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« Reply #2 on: February 05, 2018, 04:38:27 PM »

Consider the ultimate source of that speculation, but Bangor Mall has struggled with high vacancy rates for some time. I don't think the situation is as dire as the Steeplegate Mall, though.
https://bangordailynews.com/2017/09/19/news/bangor/bangor-malls-owner-at-risk-of-default-on-80-million-loan

oh its not and the mall is at 88 percent occupancy rate. the mall falls under "I have seen worse", the Berkshire mall is even worse than the Steeplegate.

Now it is fallen at worse. what will happen to this mall?
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