First Business

October 10, 2013

Sheriff's sale of foreclosed Northridge Mall won't happen until spring

Bill Penzey will have to wait until at least spring for his chance to bid on the former Northridge Mall.

A Milwaukee County judge officially entered a foreclosure order for the property on Milwaukeeâ;€™s far northwest side on Sept. 27. She ordered a six-month redemption period before a sheriffâ;€™s auction can be held, meaning the auction canâ;€™t be held before March 27, 2014.

The 800,000-square-foot property, once a bustling shopping mall, has sat empty since it was closed in 2003. Bill Penzey,â;€¦;

Read Full Article Online »

« Return to Business Articles