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Pawnshop, payday lender close, leave St. Paul strip shopping center empty

From the beginning, some community advocates questioned the knowledge of getting a big pawnshop anchor a clear strip shopping mall.

Could a used-goods store flanked by a lender that is payday economic development on St. Paul’s East Side?

The solution, it appears, isn't any.

On Feb. 20, Pawn America will shut a pawnshop that is 15,000-square-foot has offered once the sole major tenant of 1855 Suburban Ave. for the last four years. An affiliated Payday America check-cashing and lending procedure will shut with it.

Building owner Peter Remes, a principal utilizing the Minneapolis real-estate company First & First, stated he may just take appropriate action against Burnsville-based Pawn America throughout the lease that is broken. The empty strip shopping mall, an old dealership, may be set up on the market.

“We are checking out any and all sorts of choices at this time,” Remes stated.

Shop officials would not return a reporter’s calls, however a public-relations agency speaking for the kids indicated they blame First & First for perhaps perhaps perhaps not building out of the strip shopping center and setting up tenants that are additional.

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