Arcade for Sale!

This just in from the Riverside Brookfield Landmark:

The owner of the Arcade Building in downtown Riverside has rejected all of the bids it had received for the property and will move to sell it on the open market.

Joe DeGroot, an asset manager for PrinsBank in Prinsburg, Minn., said Friday that he received 12 bids for the vacant local landmark, but that all of them fell short of expectations.

"We've returned all of the [bid deposits] to the bidders and we'll move ahead with a Realtor," DeGroot said. "By the end of next week it should be on the market."

See full article here:

http://rblandmark.com/main.asp?SectionID=1&SubSectionID=1&ArticleID=5017