New Owner of Lenlock Shopping Center

Saturday, September 24, 2016

The Lenlock Shopping Center has a new owner. That new owner is Larry Cruz, who purchased the shopping center at an auction in June. According to the Anniston Department of Economic Development, Cruz bought the property in August for $154,000 from Lenlock Center LLC, then sold two of those buildings the next day for a combined $103,000. Officials say, Cruz isn’t sure whether he’ll tear the vacant building down, restore it or sell the property to a developer.  He estimates that it could cost $1.5 million to renovate and as much as $7-million to build once again.

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