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Follow on Google News | Trigild Adds High Profile Michigan Shopping Center to Growing PortfolioSan Diego Distressed Property Specialist Named Asset Manager for The Grand Traverse Mall
By: Sydnie Moore According to Trigild president and CEO Bill Hoffman, Trigild has been charged with readying the troubled mall for a profitable sale, as well as concentrating on leasing efforts to stabilize net operating income. "The mall has been challenged due to local and national economic issues," he said. “We are focusing on developing a disposition strategy and ultimately facilitating the disposition process. There will be no impact on shoppers, the mall will remain open and operate as usual.” In the interim, Trigild is overseeing all leasing efforts, and has tapped Dallas-based Trademark Properties as the mall’s property management firm. About Trigild Headquartered in San Diego with regional offices throughout the country, Trigild has more than 30 years of expertise in managing a wide array of commercial real estate assets and operating businesses. With special expertise in turning around under-performing assets, the company combines receivership and bankruptcy services, operations and property management, and consulting services under one roof. For further information, visit www.trigild.com. MEDIA CONTACT: Sydnie Moore (619) 823-8448 moore2com@aol.com End
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