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Mall trial reveals Eastgate Mall land deals and loans
In court, Chesley, Flannery’s attorney, calls Licciardi Wiegand and Jacobs as witnesses about JVJ land around Eastgate Mall and banks, arguing insufficient marketing of the land. Wiegand cites tight money markets and high-cost loans for construction while Jacobs notes Pogue’s relied on anchor tenants before Penney’s. White says Pogue’s considered Eastgate Florence Mall, and other stores, with ongoing talks to Spur future tenants.
MENTIONED IN THIS ARTICLE
Stanley Chesley
Flannery
Michael Licciardi
JVJ
Rithaug
Tesie
Anthony Wiegand
Richard Jacobs
Eee
Soward White
Batavia
Licciardi
Eastgate
Penney’s
White
Pogue’s
Florence Mall
Eastgate Mall
Florence
Jacobs
Lt. Ayers
McAlpin’s