Monday, June 08, 2020

Default Threatens Oak Park Mall

Retail remains dead. Here are the basics regarding the Internets and social distancing destroying an American institution . . . More info at the link for subscribers:

An owner of Oak Park Mall passes on making interest payment - Kansas City Business Journal

An owner and manager of Oak Park Mall is on the clock to avoid default. CBL & Associates Properties Inc. elected not to make an interest payment due on June 1 as it looks at alternatives to reduce its debt burden, the company said in a filing with the Securities and Exchange Commission.

17 comments:

Anonymous said...

Turn it into a homeless shelter.

Anonymous said...

Make it into a prison

Anonymous said...

Expect many more of these types of disclosures from retail landlords. Most of their tenants have done the same to them during the closures, and the number of tenants never re-opening is growing as well. Restaurants received most of the press during the quarantine, but retail will likely end up suffering the most.

Anonymous said...

It will make a great gay bar.

Anonymous said...

^^^Great, while you’re there, I will have more time to fuck your wife cuck.

Anonymous said...

^^^^^^^^No as mine knows you wife and will beat your ass like it deserves then when you crawl home your wife will beat it again..

Anonymous said...

Huh??? WTF is this mess of shit??? Sorry, I don’t speak retard. Can one of you CHUD’s translate?

Anonymous said...

Those shooting there a few years ago drove me away from there. Not worth it. Town Center is safer.

Anonymous said...

5:31

Uh...I am not married to a woman. I like guys. That's why I am called gay.
Understand now, sugar puss?

Anonymous said...

^^^Dorry, I speak faggot. Take that dick out of your mouth when you speak. Faggot.

Anonymous said...

6:08, You're still driving?

Anonymous said...

I haven't been to Oak Park Mall since high school in the late 1980s.

Anonymous said...

White folks losing money... no problem

Anonymous said...

Valenti, the guy that is developing Mission Mall might be interested in buying it. Even Mall of America, the great idea in Olathe is now just an empty field. Thanks to the internet. Computer nerds control, rule and destroy the world!

Anonymous said...

I prefer shopping at Bannister Mall.

Annies Santa Fe has the best pretend Mexican food and margaritas.

Anonymous said...

Oak Park Mall became the air-conditioned vacation destination of Section 8 residents in Kansas City about 15 years ago. It's amazing how far they'll drive for suburban mall. It's like their Disney World. It's never been the same since. They walk around with their trouser waistbands down to about their knees and don't buy anything.

Anonymous said...

BOOMER: section 8 people only shop there from the 1st to 5th of each month. Thats when welfare checks arrive. Avoid those dates.