Two recent appraisals cut the Bangor Mall’s value significantly, increasing pressure on new management to pump up revenue by filling empty stores and resigning two of the four anchor tenants, which have leases that expire within 18 months. The city of Bangor reduced the value of the mall’s leasable space by 22 percent for fiscal 2019, which started July 1, 2018.
Comment on Bangor Mall’s appraised value plummets as new management tries to fill stores
Lori Valigra, Bangor Daily News
Mon, 10/22/2018 - 11:17am
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