The Foothills Mall located in Fort Collins has been for sale since September according to the Reporter-Herald.

Documents show that the mall was listed approximately one month before the current owners defaulted on their payment prompting an official foreclosure demand.

TSM

A Chicago-based commercial real estate service provider by the name of Jones Lang LaSalle was contracted to list the property on August 31.

The co-owners of the Foothills Mall, Alberta Development Partners, and Walton Street Capital have until April 6, 2021, to confirm if they are able to solve the foreclosure demand. If the co-owners are unable to resolve the foreclosure, the location could be put up for auction later in April.

Currently, it is unknown what the asking price for the Foothills Mall is or if there have been any serious inquiries to purchase the location.

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Source: Reporter-Herald

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