Simon Property Group, the nation's
largest mall operator, essentially invented the department - store anchor model, and did more than any other company to popularize it.
Rich Moore, a REIT analyst with RBC Capital Markets, questions why Feldman — a relative midget in the mall business, with just $ 55.2 million in annual revenue in 2005, is unable to close its books on time, when much
larger mall operators can.
A few days after John Bucksbaum was forced to step down as CEO of General Growth Properties, the company his father and uncle had built into the nation's second -
largest mall operator, he stood in the bathroom of his Lincoln Park home brushing his teeth and tying his tie, getting ready to go to the office.
Just some of the heavy - hitting limited partners to contribute to the firm's $ 212 million debut fund include CBRE, the brokerage and real estate services giant; Equity Residential, the largest owner of apartments in the U.S.; Hines, a major developer of office buildings in the U.S.; Lowe's, the home improvement franchise; Host Hotels & Resorts, a real estate investment trust (REIT) spun off from Marriott in 1993; Lennar, one of the nation's largest home builders; Macerich, which is the third
largest mall operator in the U.S.; and the warehouse operator Prologis.
Not exact matches
The Starbucks Corp. is being sued by a
large shopping
mall operator over plans to close 78 Teavana tea stores across the city of Indianapolis.
Simon, a real estate giant with headquarters in Indianapolis, has relied on aggressive dealmaking and savvy property management to bolster its position as the
largest U.S.
operator and developer of shopping
malls.
Andy Warhol's iconic Campbell's Soup cans, a painting by Takashi Murakami and a word sculpture by Jack Pierson are some of the pieces decorating the head office of Start Today Co.,
operator of Japan's
largest online fashion
mall, Zozotown.
Together with Japanese franchisee L.A. Style, which is a joint - venture partnership between HOTLAND Co., Ltd., an experienced and actively growing
operator in the Japanese fast - casual restaurant segment and AEON
MALL Co., Ltd., Japan's largest shopping mall develo
MALL Co., Ltd., Japan's
largest shopping
mall develo
mall developer.
But the company's plans for physical stores are modest, this person said, especially in comparison with reports of an expansion suggested by an unusual source, the chief of a
large shopping
mall operator.»
He expected the Chicago - based
mall operator, the nation's second
largest, to keep spitting out cash and increasing dividends at double - digit rates.
Indianapolis - based Simon Property Group, the country's
largest regional
mall operator at 242 million square feet, has access to $ 2.7 billion in available credit and approximately $ 500 million in annual cash flow revenues to provide it with «significant «dry powder» to make acquisitions,» according to a Sept. 16 note from Oppenheimer analyst Mark Biffert.
In what appears to be one of the
largest retail investment sales transactions year - to - date, Australian
mall operator Westfield announced a joint venture agreement with Canada Pension Plan Investment Board (CPPIB) for an ownership stake in 10 of...
«This acquisition represents our
largest real estate investment to date globally and supports our retail real estate strategy of investing in dominant regional
malls with best in class
operators,» said Graeme Eadie, senior vice president of real estate investments with CPPIB in a statement.