The lease for the Target space at Conestoga Mall (and many others) was bought back by the property owners.
http://www.therecord.com/news-story/5466...8-million/
Considering the creditors couldn't auction off other leases (http://www.therecord.com/news-story/5597...t-bidders/), Ivanhoe Cambridge should really divide up the space. Not sure what their strategy is. Perhaps they are trying to court Simons, Saks Fifth or Nordstrom. Don't think there's many other anchors that are expanding these days. Subdividing is much different then tearing down. I think we can count on the Conestoga Mall footprint to remain commercial zoning for a very long time.
http://www.therecord.com/news-story/5466...8-million/
Considering the creditors couldn't auction off other leases (http://www.therecord.com/news-story/5597...t-bidders/), Ivanhoe Cambridge should really divide up the space. Not sure what their strategy is. Perhaps they are trying to court Simons, Saks Fifth or Nordstrom. Don't think there's many other anchors that are expanding these days. Subdividing is much different then tearing down. I think we can count on the Conestoga Mall footprint to remain commercial zoning for a very long time.