Regional Mall


Initial Value $73,893,400
Final Value $48,654,300
Estimated Savings (4-year period) $245,000


While desiring real estate tax reduction, owner was particularly sensitive to any publicity that a formal tax appeal might produce. We utilized our proprietary retail evidence and approach to achieve a 34 percent assessment reduction from $73,893,400 to $48,654,300, resulting in approximately $245,000 in savings. This reduction was accomplished through extensive, informal meetings with the assessors and local officials, without ever filing formal tax appeal.