$30.5M
Property Tax
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Case Details
MPT challenged Fulton County's draconian increase in 2015 by bringing appeal in Superior Court. MPT got the value of this anchor store in Phipps plaza reduced from County's value of $39,028,500 down to $8,500,000. This reduction in value of $30,528,500 saved the client over $1,400,000 during the three years this value was to be locked in on the property.
Additional Notes
Property tax reduction for Belk at Phipps Plaza, resulting in over $1.4 million in tax savings.