Atascadero's Colony Square owners ask for help to delay foreclosure
During its Feb. 23 meeting, the Atascadero City Council acknowledged COVID-19's significant impact on the Colony Square business center and vowed to help delay the property's possible foreclosure. Cinema Square LLC leases commercial property within Colony Square to Galaxy Theatres Atascadero, Ques Pasa! Mexican Cafe, and SloDoCo. Due to stay-at-home orders, the businesses underwent temporary closures, changes in operations, and revenue loss, so many haven't been able to afford their monthly rent payments. Galaxy Theatres has been closed since the onset of the pandemic in March 2020, excep...
Source: newtimesslo.com