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Village: Lakemore Plaza space tied up in litigation; owner and representatives limited in actions
Summary
Council members said the Save A Lot space at Lakemore Plaza is the subject of litigation between the banner corporation and a franchisee, constraining the property owner's ability to re-lease the space; Colliers represents the owners and Sigma has indicated interest in reopening the store under its own brand.
A village staff member told the Village of Lakemore council that the vacant Save A Lot space at Lakemore Plaza is entangled in litigation between Save A Lot corporate and a franchisee, preventing the plaza owner’s representatives from readying the space for a new tenant.
"They're in litigation," the staff member said. "Colliers, who represents the owners for…
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