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Posted April 28. 2014 5:38PM

Steeplegate Mall blamed in owner’s $24.7M fourth-quarter loss

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Over six years, city records show Steeplegate Mall has dropped nearly $30 million from its assessed property value, which is calculated in part using data on retail sales. In 2012, the city assessed the property to be worth $65 million, but records from the board of assessors show Rouse Properties claimed the mall to be worth $37 million that year.