Downtown malls - becoming oxymoronic?

The company that owns the financially troubled Shops of Grand Avenue in downtown Milwaukee will be sold at a public auction later this month.

The notice says ownership interests in Grand Avenue City Mall LLC, which owns the Shops of Grand Avenue, will be the subject of an Oct. 26 public auction. It will be conducted at the offices of Arnold & Porter, a New York law firm.

A sign that enclosed, climate-controlled shopping malls do not fare well against downtown streets and shops? One would hope.

Read the rest at: Financially troubled Grand Avenue mall to be sold at auction - JSOnline