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That looked to be particularly expensive considering there's an approximately 90,000 square-foot space once occupied by K-Mart. While K-Mart still had a lease, it looked unlikely that it would renew considering the empty storefront.  The agreement could have cost the college $12 million in lease payments scheduled into the 2030s, but the foreclosure would terminate the leases and remove the liability.  Cosentino said the River Glen board attempted multiple times to communicate with the mortgage holder, C-III Asset Management, to arrange an