The Metro Center Mall is the second largest regional mall in the Phoenix metropolitan area with approximately 1.3 million square feet located on a 107 acre site. The two story, enclosed shopping center is anchored by three department stores and a 12 screen theater.

Project Description

Douglas Wilson Companies (DWC), agent for Receiver, was appointed to take over and maintain the operations of the property.

Scope of Work

DWC focused on maintaining uninterrupted operations of the mall while preserving, managing, leasing, securing and safeguarding the receivership property.

Project Resolution

DWC orchestrated the marketing, due diligence, negotiations and sale of the property to a large holder of retail-type properties.  Additionally, DWC coordinated the filing of a multi-million dollar insurance claim on behalf of the property and negotiated the sale of the property’s accounts receivable to the buyer of the property.

Project Name

Metro Center Mall

Client

Superior Court of Arizona, Maricopa County

Location

Phoenix, AZ

Service Provided

    Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.

    ADDRESS

    1620 Fifth Avenue
    Suite 400
    San Diego, California 92101

    PHONE

    (619) 641-1141

    EMAIL

    info@douglaswilson.com