Foothills Mall owner closing Arizona office

January 2008
Inside Tucson Business;1/7/2008, Vol. 17 Issue 30, p3
The article reports on the plan of closing Foothills Mall in Phoenix, Arizona. Real estate investment company Feldman Mall Properties Inc. that owns the mall decides to close it due to financial losses. James Bourg, chief operating officer of Feldman Mal, will leave the company in the second quarter and will receive $1.3 million for a one-time severance pay. Furthermore, the company hired a consultant to review the possibility of putting the mall up for sale.


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