Big box stores are large retailers that sell massive amounts of various goods. Examples are places like Walmart, Meijer or Target. These are called big box stores simply because the buildings themselves are not designed with any sort of aesthetic appeal. They are...
When a big box store or competitive corporate retailer moves into a neighborhood, their property development will have noticeable consequences for local real estate prices. Specifically, homeowners near the facility will see the value of their properties slowly...
All property owners should pay a fair amount of taxes, but what constitutes a fair rate? Many local governments and their legal allies have been advancing their own theories about the amount of property taxes big-box retail stores such as Walmart, Target and Kohls...
Johnson County in Kansas thought it’d come up with a refutation to the dark-store theory. Rather than appraising commercial property based on the value of the land and value of the building, as is Kansas law, Johnson County Appraiser also taxed owners on the value of...
As readers of our Minnesota Commercial Property Tax Appeals Blog know, we have repeatedly detailed the fight waged by businesses for fair and accurate assessments of commercial properties. As part of our coverage of the topic, we have examined the efforts of big-box...
Many regular Minnesota Commercial Property Tax Appeals Blog readers are familiar with the Triple Five Group. The Edmonton, Canada-based retail development company owns the Mall of America in Bloomington and the West Edmonton Mall in Canada. Back in the pre-pandemic...