Purchase of malls announced
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A Santa Monica, Calif.-based real estate investment trust announced Thursday it has signed an agreement to acquire Wilmorite Properties Inc.
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LOS ANGELES A Los Angeles-based investment firm has agreed to buy four properties from Las Vegas-based Caesars and Harrah&#39;s Entertainment for a total of 1-point-24 (b) billion dollars.
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The owners the region's largest mall are planning to double its size and move toward transforming the iconic suburban shopping destination into something like a small city.
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THE REGION One Congress St., a nine-story parking garage with two floors of office space on top and shops below, was sold for $243 million to Raymond Property Co. and the annuity plan National Electrical Benefit Fund. They bought the property from RAK Group of New York and Stockbridge Real Estate Funds Inc., according to the real estate firm Cushman ...
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Equity One Inc. , a real estate investment trust that owns shopping centers primarily in the South, agreed to buy six retail properties in the Boston area from Charlesbank Capital Partners LLC for about $120 million to expand into the Northeast. The centers are located in Cambridge, Medford, Quincy, Swampscott, West Roxbury, and Plymouth, with 390,979 total square feet, the ...
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SYDNEY (Dow Jones)--The world&#39;s largest owner of shopping malls, Australia&#39;s Westfield Group (WDC.AU), bid GBP585 million for Chelsfield PLC (CLF.
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Macerich Co., a US real estate investment trust that owns stakes in 63 regional malls, agreed to buy Wilmorite Properties Inc. and Wilmorite Holdings LP for about $2.33 billion to gain properties in the east of the country.
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By Serdar Tumgoren, The Dispatch, Gilroy, Calif.  Sep. 20--GILROY -- Before the public ever learned of Westfield  Corporation's plans to build the biggest shopping center in Gilroy history, a  small circle of local officials knew about the effort.
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In a switch, the retailer will launch its new concept with an acquisition.
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The word "collection" has cachet. That's what the marketing gurus who renamed the expanded Natick Mall are betting on.
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The Rouse Company, the mall developer that has reshaped the nation's landscape, agreed to be acquired by General Growth Properties for $7.2 billion in cash.
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Simon Property Group Inc.  and hedge fund Farallon Capital Management made a $1.56 billion offer for mall owner Mills Corp. , which last month agreed to be bought by Brookfield Asset Management Inc. , the Wall Street Journal reported on Monday.
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U.S. shopping mall owner Heritage Property Investment Trust Inc.  said on Tuesday its stockholders have approved the company's merger with Australia's Centro Properties Group.
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Shoppers headed to malls and stores to grab discounted coats, cashmere sweaters, and other items yesterday as merchants slashed prices even deeper in hopes
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COLUMBIA, Md. - A Chicago-based developer of regional shopping malls announced it will buy the famed real estate developer The Rouse Co.
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TYSONS CORNER, Va. One of the companies that owns one of northern Virginia&#39;s biggest malls is being sold. Wilmorite Properties co-owns Tysons Corner Center, which is the eighth-largest mall in the US.
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Mills Corp., the Arlington-based retail developer, said yesterday it plans to buy half of Lakeforest Mall in Gaithersburg and eight other malls around the country in a billion-dollar deal that gives it a new portfolio of shopping centers to redevelop in the years ahead.