✉news BusinessRetail first seen 5 h ago, last 1 h ago, peak #5
Aurora mall and retail site offered at $1 auction
Original: $1 Auction - REIT Sales | Town Center at Aurora + 3 Acre Retail Site Denver MSA
Town Center at Aurora, a shopping mall in the Denver metro area, along with a three-acre retail site, is being marketed through a $1 starting-bid auction as part of real estate investment trust sales. The token opening price underscores how little confidence buyers and lenders have in struggling enclosed malls, and the listing is drawing attention to the declining value of once-major retail properties in Colorado.
Why now: The $1 starting bid for a major Denver-area mall highlights the collapse in value of distressed retail real estate.
Town Center at AuroraAuroraDenverREIT
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
- $1 Auction - REIT Sales | Town Center at Aurora + 3 Acre Retail Site Denver MSA · The Business Journals
API: https://socialmediatrends-api.osmike.com/v1/trends/1086156