Park Plaza Mall Has New Owner In Waiting
The buyer's credo: Repurposing challenged real estate into revitalized community hubs. read more >
The buyer's credo: Repurposing challenged real estate into revitalized community hubs. read more >
Deutsche Bank Trust Co. Americas gains control of the Park Plaza mall property in Little Rock after an auction Thursday at the Pulaski County Courthouse. read more >
It took a little more than 60 years for Arkansas’ premier shopping center to go from top shelf to the discount bin. read more >
Lenders file a foreclosure lawsuit against Park Plaza Mall of Little Rock, asking the court to appoint a receiver after mall owners missed their payment on a loan with a $74.5 million balance. read more >
Park Plaza Mall owner CBL & Associates Properties Inc. of Chattanooga, Tennessee, files Chapter 11 bankruptcy, seeking to restructure its debt and survive amid rising e-commerce and declining in-store traffic. read more >
A Jonesboro real estate broker is among those who sees a potential for malls transforming after the pandemic, with a silver lining possibly being local stores taking over chain space. read more >
Even before the coronavirus upended the world, malls were struggling to attract customers. Now the situation is worse. read more >
