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Office Depot, Inc. is an American office supply retailer headquartered in Boca Raton, Florida. The company operates 960 retail stores in the United States under the Office Depot and OfficeMax brands, [4] as well as e-commerce sites and a business-to-business sales organization. The company has combined annual sales of approximately $11 billion ...
Opened in August 1972, this one-level mall is located in the western portion of Knoxville in the West Hills community. West Town Mall is located along Interstates 40/75 and Kingston Pike . The mall has 1,339,000 square feet (124,397 m 2 ) of gross leasable area , making it the largest of any enclosed shopping mall in Tennessee.
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
A notice of default is a public notice filed with a court or local recording office to begin the process of foreclosure. A mortgage lender or servicer can file this notice after four months (120 ...
A deed in lieu of foreclosure is generally a last-resort step taken by a homeowner to avoid a foreclosure, says Alesia Parker, branch manager at Silverton Mortgage, an Atlanta-based residential ...
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The merger with Office Depot closed on November 5, 2013. [26] On December 10, Office Depot, Inc. announced that it had chosen Boca Raton, Florida for its global headquarters post-merger, closing the OfficeMax headquarters in Naperville, Illinois. [27] Following the merger, the two chains integrated, though many retain the OfficeMax name.
Office vacancy rates reached a 30-year high around 18% in 2023. Companies both large and small majorly shed space in reaction to new remote- and hybrid-working norms, and some have even terminated ...