Morningstar: Bangor Mall at risk of default

[retailisking]

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

[danfifepsu]

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.

[danfifepsu]

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?

[danfifepsu]

I went in the mall 2 days ago, it had 20 empty stores and 2 vacant Anchors (macys and Sears, well I count Sears as it closes in 6 weekS)