wellbutrin and alcohol withdrawal zoloft weight gain antidepressants viagra 800mg doxycycline shortage price ireland voltaren generic accutane 5mg no rx usa generic cytotec enalapril medication 10 mg for sale buy authentic viagra online keftab infonavit lynoral ingredients in benadryl euroclinix network viagra cialis kostet malegra 50 proscar finasteride bph meclizine over the counter ciales cooperativa latina generic viagra online australia what phenergan looks like buy chlamydia tests at a cheap price flonase otc alternative acyclovir 800mg medication generic names cymbalta for anxiety antidepressants side effects diltiazem er side effects hair loss doxycycline monohydrate 100mg vs doxycycline hyclate antabuse no prescription bentyl side effects in elderly motilium tablets what are they used for plendil 10mg xerograx capsulas de vibora styplon tablets computers online cialis topiramate 50 mg tablets clomid from canada rapharmacy reviews of fifty leukeran tablets plavix generic available drugs from india dianabol steroids d bol cycles dilantin medication interactions amlodipine besylate 2.5mg tablets androgel side effects doctor polarmeds comcast xfinity robaxin side effects and dosage lotrel 5 20 drug purchase flagyl online usa 795 gonorrhea treatment online diovan generic release date 2013 aricept medication for dementia buspirone 5mg withdrawal orderpharma topix chillicothe pyridium side effects muscle aches lexapro weight gain lexapro withdrawal buy avodart in the uk comune di piombino manfaat livial menopause zovirax ointment for cold sores flagyl buy best place to order generic viagra lowest cost cialis furosemide 40 mg picture diclofenac sodium side effects and benadryl allopurinol 100mg metoprolol tartrate side effects cough celexa reviews depression good price accutane order zofran dosage for children age 2 venlafaxine hcl 37.5mg 24hr sa tab lynoral information system flagyl antibiotic infection ciales pr weather viagra per pill cost pravastatin and grapefruit mayo clinic order cialis online usa viagra order hong kong valium information site levitra daily dose retin a buy online cialis for daily use cost at cvs mirtazapine india atepros drug emporium kamagra for women alphagan eye drops glaucoma buy dihydrocodeine phramacy rx1 where to buy diclofenac sodium does adderall show up same as strattera prednisolone sodium phosphate viagra echeck accepted india pharmacy epogen medication for dogs ciproxin 500 side effects alphatrex cream order online mexico clobex spray 0.05 no prescription generic viagra buy real viagra canada cockapoo puppies for sale in georgia asthma medications inhalers glaxo company cialis in usa where online can i buy binotal ampicillin fluconazole for men anapran ulot buy elecon with no rx xenical side effects dose sertralina efectos buy cialis us tabletten zum abnehmen nach viagra without a prescription lipitor generics side effects donepezil hcl 5mg side effects provigil side effects modafinil meloxicam high erowid viramune xr headache what is the target market for viagra analgin wikipedia indonesia eldepryl and demerol interaction cozaar 50 mg dose side effects furosemide no prescription amitriptyline in mexico diane von furstenberg shoes topamax and alcohol treatment walgreens take care clinic alton il clozaril side effects treatment baristanet bloomfield nj library precose dosage calculations viasek 50mg trazodone orderpharma ukc can you take viagra at night diltiazem hcl er side effects omnic ocas metoprolol regenon retard 60mg price of tamiflu at walmart acyclovir without prescription biaxin 500mg medication drugsbinotal can you buy amoxicillin at walmart 78 depakote er side effects medication septrin antibiotico pilocarpine hydrochloride ophthalmic solution 1 euroclinix netflix biaxin antibiotic for tooth infection lergigan mitele cialis cost walmart walgreens otc asthma medicine has viagra price dropped celexa reviews side effects genuine cialis cheap can you take viagra through customs avodart 0.5 mg cost prednisone for dogs dosage chart eulexin manufacturers viagra without prescriptions uk quinine leg cramps quinine tonic water nolvadex online australia aldara cream warts side effects offshore pharmacy no prescription diroton 5mg oxycodone valium side effects hungary online pharmacy tamoxifen side effects cost of accutane without insurance imitrex generic sumatriptan keppra printable coupons dexilant 60 mg cpdr candida viagra cephalexin 250mg capsules lexapro side effects puretone stethoscope company store singulair side effects in children viagra tobuy now in united states dapoxetine available in mexico cialis express shipping hoodia tea weight loss doxycycline 500mg requip medication dose cialis canada pharmacy online captopril 12.5mg images buy drugs online without prescription anacin prices canada finasteride dosage for prostate pravastatin medications primatene mist order from canada viagra verkauf ohne rezept propecia finasteride for women ivermectin wormer for dogs buy amoxicillin online can i use eltroxin while on metformin no prescription cialis online hydroxyzine for dogs allergies oxybutynin chloride 5mg tab olmesartan om line subutex side effects forum fastest known shipping generic viagra phentermine canada pharmacy myambutol side effects athens transit doxylamine succinate 25mg vigora 100 best price how to order viagra generika franchise philippines directory buy liquid viagra uk alternative viagra products saroten 25mg ephedrine pharmacia online usa cat can cook banana muffins double dose cialis diabecon and diabecon ds keftab medication interaction singulair 10mg montelukast side effects buy mebendazole buy cialis one a day 133 lotrisone lotion clotrimazole avelox 400mg moxifloxacin hci oracea patient reviews danazol drug treatment doxycycline hyclate uses treatment isoptin verapamil dosage information phentermine uk stockists bevispas 135 mg of caffeine lamisil spray vs cream verapamil hydrochloride msds bactrim dosage for mrsa doxycycline monohydrate vs hyclate effexor xr cabaser dosing for amoxicillin viagra pills in india buy ilosone antibiotic usa elomet cream mometasone furoate topical solution viagra effects on women zenegra side effects viagra super force 100mg 100mg paxil weight gain www to buy 100mg cialis tablets on line clotrimazole pills aspirin and pregnancy risks flagyl and pregnancy category crestor generic name rxdrugstore site buscarxlivehelprxpillshop zineryt lotion information technology fucidin cream for pimples order viagra from within us cialis pret yasminelle tablettask omeprazole 20 mg treatment symptoms viagra in okinawa venlafaxine hcl 37.5mg tab arthrotec 75 mg maxifort zimax pills 100 mg when is alli back in stock asthma attack at night ceftin dose for uti best ed drug when drinking dicyclomine bentyl side effects estradiol cream estrogen buy viagra 50mg online chlamydia antibiotics levitra canadian pharmacies cialis best price lamisil pills side effects how to buy cialas atrovent nebulizer dosing where to get viagra online forum noroxin norfloxacin dapoxetine hydrochloride treatment vasotec contraindications for electrical stimulation geriforte ingredients to die spier tadalafil cialis soft tabs 40 mg ephedraxin ingredients for lasagna amlodipine besylate 10mg tab generic viagra for sale canada tadarise pro 20 mg vitamix recipes weight loss propecia efectos secundarios online international pharmacy order xanax from canada best on line viagra champix side effects discount codes for pharmacy express valtrex online no prescr lamictal withdrawal symptoms side effects naprosyn side effects high blood pressure dilantin cani order on line primatene mist tablets side effects vyvanse online prednisone withdrawal symptoms doctor healthcare alliance rx relief tadalafil generic best prices puppies for sale in illinois percocet 10 325 street value keppra side effects weight gain oracea side effects doxycycline mono orlistat 120mg reviews tramadol hcl 50mg treatment for canines betagesic tablets sale generic drug sales onlline lincocin for dogs side effects costco hours of operation fees indian substitute of viagra ventolin hfa coupon 2013 renagel medication side effects for cats pletal cilostazol medication pletal cleocin cream side effects remeron generics melovax 15mg melatonin bactroban cream 2 uses was topamax recalltoprol keftab vs keflex metronidazole over the counter lidocaine cream uses biaxin antibiotic dose side effects esomeprazole generic sunrise tadalafil tablets 20mg eltroxin side effects tablets on sale pfizer news release business wire mountainmwest apothecary coumadin antidote dose donormyl blue reviews buy ortho tri cyclen online hoodia gordonii plus ingredients meclizine 12.5mg tablets rugby dilantin pain killer where to inject gabapentin lasix no rx needed overnight delivery onadron simplex microzide 12.5mg caps cialis online prescription united states provigil medication reviews ciprodex ear drops for swimmers ear buy medroxyprogesterone 10mg frumil tabs for stairway how long do citalopram withdrawal symptoms last robaxin for dogs and humans pet antibiotics without prescription himcolin gel in saudi arabia anastrozole side effects bone cancer male enhancement pills augmentin 875 mg price walmart aristocort triamcinolone cialis from canadian pharmacy buy viagra in melbourne macrodantin dosage for uti treatment free 30 day trial cialis buy vigra using paypal world drugstore generic paypal viagra canada cheapest bisoprolol hctz 10 6.25 mg januvia 100 mg reviews cialis rush order peritol dermatitis atopica cefamor 250 ml rapidtabs viagra for women tetracycline acne can you buy viagra over the counter marvelon buy online adderall xr dosage for adults brand name for amlodipine besylate 10mg side effects quanto costa augmentin vibrox medicine dictionary cialis from usa betneval lotion recipes ascorbic acid cheap finasterid tadalafil nizagara ingredients in benadryl estradiol tablets weight gain candaian pharmacies trazodone withdrawal how long does it take bystolic nebivolol tablets print flovent inhaler coupons magic pharmacy viagra meaning lesofat pills side effects maxalt for sale laxadin bisacodyl mechanism inhouse farmacy dilantin toxicity signs and symptoms noble drugs clonidine overnight licodexon dexamethasone for cats viasek sildenafil pulmonary order doxycycline online zovirax ointment over the counter phenergan dosage for kids buy viagra online canada no pres sildenafil canada online no presription finasteride januvia medication side effects does cialis work for women mobicool mobile refrigeration trailer is podofilox over the counter therapy for depression in young adults elsalvador pharmacy caffeine anhydrous definition prilosec side effects symptoms lamisil pills over the counter ventolin salbutamol generika franchise philippines jollibee budesonide side effects medication and alcohol mestinon side effects treatment low cost ventolin inhaler for uninsured aspirin and pregnancy for blood clots furosemida mexico overnight pharmacy 4 u cialis cialis 5mg kopen albuterol inhaler side effects children where to buy cephalosporins comprare viagra generico vosteran removal chrome cephalexin lawsuit how long for paxil to kick in chlamydia pictures and images women canadian pharmacuticals generic viagra rituxan precio where to buy tadalafil over the counter mitformin hcl seroquel 25mg tablets meclizine 25 mg over the counter levamisole hydrochloride for fish starcef capsule size finasteride 5mg instead of propecia cialis mail order usa metoprolol tabletas how much is cialis in canada 365pills complaints mupirocin ointment side effects rapharmacy reviews on fifty parcopa 25 100 zineryt cenacle clomid fast delivery zykast 10mg zoloft side effects in children captopril drug flagyl side effects laxifen medicinal mushrooms buying meds for cats no rx is viagra available otc in spain asthma symptoms in infants ivermectin for dogs with mange fentanyl transdermal system 25 mcg/hr grathazon obat apa utk pacific care pharmacy online ezetimibe 10mg simvastatin 80mg tablet generic viagra us pharmacy nifedipine er and pregnancy cipla india suhagra 100 insurance company ratings california atacand 8mg is generic cialis available in the us vardenafil 20 mg fluconazole for dog ear infection lexapro weight gain loss canadian pharmacy drugs online buy prednisone online for dogs imigran gelap sumycin 500mg equals flomist wikipedia indonesia metformina 850 dosis recomendada de ajo viagra pfizer 50 mg elavil for sale no script online drug store hk zoloft weight gain side effects amoxicillin 875 mg used foramoxiline tadalafil salzarex lasuna pants for talllatisse provigil coupons indomethacin side effects in pregnancy provera modus medroxyprogesterone reductil philippines price kokain und viagra augmentin and alcohol side effects septra ds antibiotic treatments viagra professional shop meds differin cream buy wellbutrin xl without prescription ativan dosage for anxiety acnelyse cream information systems abc pharmacy canada glucophage xr 500 mg side effects elimite for sale ivermectin horse wormer $1.99 indomethacin 50 mg and alcohol synthroid online pharmacy england kmart pharmacy price list hoodia cactus for sale zolpidem 10mg picture buy viagra online low price raloxifene in male breast cancer obestat no prescription insurance company ratings list serophene side effects doctor penegra side effects in india buy accutane canadian pharmacy atarax 25mg hydroxyzine metformin sale no prescription pharmacy no prescription aviane side effects mood swings ornidazole drug interactions clindamycin hcl 300 mg capsule for tooth infection cholesterol ratios for women vitamin c benefits misoprostol side effects used allie diet
Share this page on facebook
Smith Bros. building to be auctioned at sheriff’s sale PDF Print E-mail
Wednesday, 10 July 2013 17:56

Foreclosure puts Port landmark on the block but tenants aren’t worried

     The Smith Bros. Marketplace building in downtown Port Washington — home to Duluth Trading Co. and Franklin Energy — will be
sold at a sheriff’s sale on Aug. 12.

    Representatives of both tenants said Tuesday they were unaware of the pending sale, but noted they have long-term leases in place
and do not expect it to negatively affect their businesses.

    Stephanie Pugliese, president of Duluth Trading Co., said, “We are in a long-term lease. We don’t feel this will negatively affect our
business. We look forward to continuing that lease with the new owner of the building.”

    Paul Schueller, CEO of Franklin Energy, said when his company negotiated its lease, it was structured so a change in ownership would
have little or no effect on the business.

    “We really like being downtown,” he said. “We want to stay here, and we want to stay here for the long term.”

    The firm has about five years left on its 7-1/2-year lease, Schueller said.

    City officials said they were not surprised by the sale, noting that the Smith Bros. building has been in receivership for some time.

    MIL Acquisition Venture L.P., which was described by City Planner Randy Tetzlaff as a California-based hedge fund, foreclosed on the

    The firm had purchased the mortgage for the building from M&I Bank for “less than 50 cents on the dollar,” Grams said.

    Lighthouse Development Co., which bought the building in 2005, tried to renegotiate the mortgage but apparently failed, Grams said.

    Several other potential buyers had also expressed interest in the building, but apparently were unable to reach an agreement with MIL
Acquisition Venture, he said.

    While the Smith Bros. Marketplace building is a local landmark that fronts not only Franklin Street but also the waterfront and anchors
the south end of downtown, its value lies beyond the location, Grams said.

    “They have two tenants in it,” he said. “That’s the value of it. It should bring up the value of the property.”

    The Smith Bros. building has been a cornerstone in downtown since 1924, when Evelyn Smith installed a fryer in a former harness
shop and began making the fish sandwiches the restaurant was known for.

    In November 1953, a fire destroyed the restaurant, leaving only the market and bar unscathed. The Smith family rebuilt the restaurant.

    The building and business were purchased in 1988 by restaurateur Joe DeRosa and in 1997 by the William Goldammer family.

    The notice for the sheriff’s sale, which is in the legal notices of this week’s Ozaukee Press, does not list a minimum price for the

    Attorney Christopher Schreiber of von Briesen & Roper, S.C., who represents MIL Acquisition Venture, would not reveal whether a
minimum bid has been set.

    The sale will be held at 1:30 p.m. Monday, Aug. 12, at the Ozaukee County Justice Center.

    Schueller said Franklin Energy will consider whether to bid on the building.

    “It’ll be interesting to see if we could,” he said. “I think we would look at it.”

    Pugliese said, “We really have no plans to do so (buy the building) at the this time.”

    Having one of the two tenants buy the Smith Bros. building would be the ideal situation, Tetzlaff said.

    “We’d love to have one or the other buy it,” he said. “We look at it as an opportunity for Duluth or Franklin to own their own property.
They like each other, and both are strong businesses.”

    Grams added, “It would be nice to see local ownership. That’s something you always like to see.”

    No matter who buys the building, they are likely to be a good caretaker, Tetzlaff said, especially since they have two strong, quality

    With the foreclosure, the city did lose the remainder of a $125,000 revolving loan it made to Lighthouse Development two years ago.

    The loan was made so the firm could make improvements to accommodate Duluth and Franklin Energy.

    “You don’t want to lose any of your loans, but there is something at the end of the rainbow,” Tetzlaff said. “If we hadn’t approved the
loan, we wouldn’t have these two strong businesses downtown.”

    Grams concurred, saying, “We’ve got two tenants in there, and that’s what we were looking for. Eventually we’ll get our money back
through the improvements to the building and increased taxes on it, so in the end we got what we wanted.”

Image Information: THE SMITH BROS. MARKETPLACE building in downtown Port Washington will be sold at a sheriff’s auction next month, but officials said its two tenants, Duluth Trading Co. and Franklin Energy, have long-term leases and should not be impacted by the sale.        Press file photo

Comments (0)Add Comment

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.