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Posted: 6/20/2011 6:52:01 PM EDT
Just hit Azcentral. Scheduled for auction.

Posted Via AR15.Com Mobile
Link Posted: 6/20/2011 7:42:04 PM EDT
[#1]
i got five on it.
Link Posted: 6/20/2011 8:15:55 PM EDT
[#2]
I don't get to that side of town often, does the place have lots of vacancies?  I know vescore and wescore are doing "the economy sucks, we will lower your lease for a couple of years" re-negotiations with their tenants and I am sure this place had to do the same thing.
Link Posted: 6/20/2011 10:22:23 PM EDT
[#3]



Quoted:


I don't get to that side of town often, does the place have lots of vacancies?  I know vescore and wescore are doing "the economy sucks, we will lower your lease for a couple of years" re-negotiations with their tenants and I am sure this place had to do the same thing.


Not really. It has a bunch of top notch booming bars though that are busy almost every night of the week. Saddle Ranch will have a hundred people in it on a Tuesday night.



 
Link Posted: 6/20/2011 10:44:07 PM EDT
[#4]
Ellman's made some poor management decisions that I've been aware of.

I know the theatre there didn't have to pay rent for a whole year because they didn't live up to their contractual obligations as the complex was getting up to speed/occupancy.



Article makes it sound like it also could be a gamble/ploy for leverage to negotiate with lenders too, though.
Link Posted: 6/20/2011 11:20:17 PM EDT
[#5]
Quoted:
Ellman's made some poor management decisions that I've been aware of.
I know the theatre there didn't have to pay rent for a whole year because they didn't live up to their contractual obligations as the complex was getting up to speed/occupancy.

Article makes it sound like it also could be a gamble/ploy for leverage to negotiate with lenders too, though.


I didn't know any of that. Thanks for the info.
Link Posted: 6/21/2011 4:35:47 AM EDT
[#6]
How 'bout that mayor?
Link Posted: 6/21/2011 8:10:00 AM EDT
[#7]
Link Posted: 6/21/2011 4:52:23 PM EDT
[#8]
That wasn't another RightPath fiasco was it.

Also don't they have Bike Night every Thur?
Link Posted: 6/21/2011 8:22:27 PM EDT
[#9]
Quoted:

Quoted:
I don't get to that side of town often, does the place have lots of vacancies?  I know vescore and wescore are doing "the economy sucks, we will lower your lease for a couple of years" re-negotiations with their tenants and I am sure this place had to do the same thing.

Not really. It has a bunch of top notch booming bars though that are busy almost every night of the week. Saddle Ranch will have a hundred people in it on a Tuesday night.
 



Two things that are recession proof. Booze and undertaker.
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