Iowa City Marketplace is headed to auction next month

Discount chain Five Below could join Iowa City Marketplace after auction
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  • Brookwood Capital Advisors is selling the Iowa City Marketplace in auction next month. CREDIT NOAH TONG

    Brookwood Capital Advisors is putting the Iowa City Marketplace up for auction nearly one year after purchasing the mall for $14.25 million from Core Sycamore Town Center.

    The listing for 1600 Sycamore St. on RI Marketplace shows that the auction will take place from July 17-19, with a starting bid of $5 million.

    After adding Ollie’s Bargain Outlet as the mall’s largest new tenant…

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