Raising Cane s Chicken Fingers coming to site of old Macaroni Grill in Falls
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PREIT Reports Second Quarter 2021 Results
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Mastoris Family Opening New Restaurant in Yardley, PA
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In an era of radical online shopping, small business activism and extensive health precautions, another mall is on the brink. Earlier this month, Montgomery Mall, a Montgomery Township shopping center that encompasses more than 90 stores, was foreclosed upon.
A judge issued a $118.78 million judgment against the mall’s owner, Simon Property Group’s Mall at Montgomery LP, on July 12, according to court documents. Wilmington Trust, a trustee of Wells Fargo Commercial Mortgage, filed the initial complaint for foreclosure June 8.
The Montgomery County court’s final judgment on the case states that the mall owners agreed to the foreclosure and “subsequent foreclosure sale of the subject leasehold estate,” but when that sale may take place is not yet known.