Originally built in 1999, the Super Target located in the shadow of Stone Mountain, next to the old Olympic Tennis Venue, will be closing as of January 30th, 2010. Faced with declining profits from the store, Target is pulling the plug.
Originally built in 1999, the Super Target located in the shadow of Stone Mountain, next to the old Olympic Tennis Venue, will be closing as of January 30th, 2010. Faced with declining profits from the store, Target is pulling the plug.
No one will say that 2009 hasn’t been an interesting year in real estate. If you have been on the buyer side of the market, there have been amazing deals available, as well as difficulty in trying to buy in some segments… or if there were credit challenges. If you have been on the selling side, the competition for buyers has been intense. And the bank owned properties and short sales haven’t helped.
A while back, I wrote that I had volunteered with Junior Achievement. Up until now we hadn’t been able to find an assignment that was reasonably close… but that changed this week.
I get calls all of the time from people that are looking for a great deal… I can’t blame them… we ALL want a great deal. And there is something that the vast majority of these calls share in common. They are positive that the best deals HAVE to be foreclosures and short sales.
This has certainly been an interesting year in real estate. And we are still staring at the tea leaves trying to see the direction of the market and figure out what the future holds.