Sale of Imperial Mall in Hastings finalized
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HASTINGS - Sale of the Imperial Mall in Hastings has been finalized.
According to the Adams County Assessor's website, the sale of the Imperial Mall closed on November 15, 2019, with a purchase price of $340,000. Cheema Investments LLC of Scottsbluff is listed as the buyer.
The then nearly empty mall closed in May of 2019. The online auction was held in late October.
Local4 has attempted to contact Cheema about their plans for the property, but so far there has been no response.
However, a Lincoln based company, Perry Reid Properties, reached out to Local4 to say they are working with Cheema on the acquisition of the property and have no updates to share.
Hastings Mayor Corey Stutte said there have been no applications received by the city for any kind of development in the area.