Perhaps you saw
: Valley View Center has a new owner now, Miami-based LNR Property Corporation
-- well, actually, its subsidiary LNR Partners, the very same company trying to sell off the former First National on Elm Street downtown
, amongst other local real estate
. Dallas County deed records show
LNR took Valley View from Arizona-based Macerich, which had a $125-mil note due in 2011
, on July 13 -- just a few weeks after I couldn't get anyone from Macerich on the phone
to discuss the beleaguered, empty mall with which I got reacquainted back
in late December. Back then, the only thing I got from the company was a vague response from a company spokeperson
: "We plan to take our time to meet market demand."
I called LNR's Miami HQ this morning and left a messages for a few folks, among them a media rep and its CFO (a UT-Austin grad, hook 'em) and the downtown attorney who handled the paperwork. This morning's story doesn't say what LNR intends to do with Valley View -- sell it for the meat, maybe? Thought I'd ask. In the meantime, we'll always have Sound Town
, eh, Roger Daltrey?