News
Aug. 29, 2017
SOURCE: Esther Fung – Wall Street Journal

In April, the Indiana Supreme Court handed Kohl’s Corp. a victory when it agreed not to review a lowered property assessment that was awarded to one of Kohl’s stores because of the growing vacancy and dropping values of other shopping centers in its area.

The decision, which translated into a $219,000 refund for Kohl’s, was a sign of the drain to tax revenues resulting from the worsening retail real estate landscape for Howard...



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