{"id":13747,"date":"2013-01-15T08:34:09","date_gmt":"2013-01-15T14:34:09","guid":{"rendered":"http:\/\/www.bismarckcafe.com\/blogs\/?p=13747"},"modified":"2017-04-17T09:26:48","modified_gmt":"2017-04-17T14:26:48","slug":"kirkwood-mall-sold-again","status":"publish","type":"post","link":"https:\/\/www.bismarckcafe.com\/blogs\/13747\/kirkwood-mall-sold-again","title":{"rendered":"Kirkwood Mall Sold Again"},"content":{"rendered":"<p>The region&#8217;s largest shopping center, Kirkwood Mall, will soon be under new ownership.\u00a0CBL &amp; Associates Properties has <a href=\"http:\/\/www.cblproperties.com\/cbl.nsf\/RecentAnnouncementsWeb\/CBL+Announces+Acquisition+of+Interest+in+Kirkwood+Mall+in+Bismarck,+ND?opendocument\" target=\"_blank\">announced intentions<\/a> to purchase full ownership of Kirkwood Mall . CBL had already bought a 49% share of the mall last month, this transaction will put the property under full CBL ownership.\u00a0CBL also bought Minot&#8217;s Dakota Square Mall last year.<\/p>\n<p>Kirkwood was put up for sale back in 2011 as well, for the first time since 1987.<\/p>\n<p>According to <a href=\"http:\/\/www.zacks.com\/stock\/news\/90359\/CBL+to+Acquire+Kirkwood+Mall++-+Analyst+Blog\" target=\"_blank\">an article by Zacks<\/a>, Kirkwood was 87.9% occupied in September 2012.<\/p>\n<p><strong>About Kirkwood Mall<\/strong><\/p>\n<p><a title=\"Kirkwood Mall\" href=\"http:\/\/www.bismarckcafe.com\/blogs\/wiki\/kirkwood-mall-plaza-shopping-center\">Kirkwood Plaza<\/a>, as it was originally known, was developed by cousins\u00a0<a href=\"http:\/\/www.bismancafe.com\/blogs\/?page_id=323\">Paul and James Wachter<\/a>. It had been a decades-long dream, specifically of Paul Wachter.<\/p>\n<p>The anchor housing Woolworth&#8217;s was the first part of the shopping center completed, opening in November 1970. Kirkwood Plaza officially opened in April 1971, followed by a Grand Opening\u00a0ceremony\u00a0the following month with\u00a0<a href=\"http:\/\/www.bismancafe.com\/blogs\/?page_id=203\">Robert Kirkwood<\/a>, the mall&#8217;s namesake, in attendance.<\/p>\n<p>Kirkwood originally consisted of 39 tenants, including 3 anchor stores: Woolworth&#8217;s, Herberger&#8217;s, and Montgomery Wards. In 1977, Kirkwood began the construction of a southern wing that saw the addition of 2 new anchors &#8211; Target and J.C. Penney &#8211; when completed in 1980. The center has undergone 2 notable renovations since, in 1985 and 2002.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The region&#8217;s largest shopping center, Kirkwood Mall, will soon be under new ownership.\u00a0CBL &amp; Associates Properties has announced intentions to purchase full ownership of Kirkwood Mall . CBL had already bought a 49% share of the mall last month, this transaction will put the property under full CBL ownership.\u00a0CBL also bought Minot&#8217;s Dakota Square Mall [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[518,2409,216,364],"tags":[253,1063,2234,6,5],"class_list":["post-13747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bismarck-news","category-business-news","category-featured","category-home-page","tag-business","tag-home","tag-kirkwood-mall","tag-retail","tag-shopping"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/posts\/13747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/comments?post=13747"}],"version-history":[{"count":0,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/posts\/13747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/media\/4155"}],"wp:attachment":[{"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/media?parent=13747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/categories?post=13747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bismarckcafe.com\/blogs\/wp-json\/wp\/v2\/tags?post=13747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}