Shops of Grand Avenue hit the auction block again

MILWAUKEE (WITI) -- The Shops of Grand Avenue again slated to hit the auction block.

The Milwaukee Business Journal reports a notice on shows a $4.75 million starting bid for Milwaukee's downtown mall.

The Shops of Grand Avenue was last on the auction block in June. That auction was cancelled before bidding began.

This latest auction is set to begin on October 21st and end October 23rd.

The auction includes the West Wisconsin Avenue mall’s 298,109 square feet of interior space and its parking structure, with 1,748 spaces.

Grand Avenue was 86 percent occupied as of June.

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