The Promenade Shops in Johnstown encompasses 493,172 square feet of retail and entertainment space at the northeast corner of Interstate 25 and U.S. Highway 34.
Bank likely to take title to Promenade Shops when no one bid during foreclosure auction
Foreclosures
Promenade Shops at Centerra listed for foreclosure at $84M
This marks the second time the shopping district has faced foreclosure. It was placed up for auction in 2009 and was acquired by a subsidiary of former lender KeyBank for $85 million.
Foothills Mall lender to file foreclosure demands for remaining $47M debt
On Dec. 3., the court has placed the Mall in receivership with Greenwood Village-based Cordes & Co.
