An Iowa developer bought the 58-acre Valley West Mall for $11 million; a nearly 50-year-old JCPenney lease now stands in the way of redevelopment as the city considers up to $110 million in incentives...

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https://timesofindia.indiatimes.com/world/us/an-iowa-developer-bought-the-58-acre-valley-west-mall-for-11-million-a-nearly-50-year-old-jcpenney-lease-now-stands-in-the-way-of-redevelopment-as-the-city-considers-up-to-110-million-in-incentives/articleshow/134598322.cms

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An Iowa developer bought the 58-acre Valley West Mall for $11 million; a nearly 50-year-old JCPenney lease now stands in the way of redevelopment as the city considers up to $110 million in incentives...

An Iowa developer has bought the 58-acre Valley West Mall site for $11 million (£8.2 million). The company is now starting a major redevelopment project, but it must first deal with complex lease agreements and get support from the city.

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An Iowa developer bought the 58-acre Valley West Mall for $11 million; a nearly 50-year-old JCPenney lease now stands in the way of redevelopment as the city considers up to $110 million in incentives...