Los Angeles and New York — CBRE Global Investors (NYSE: CBRE) has formed a joint venture with Brookfield Property Partners (NASDAQ: BPY) to purchase three super-regional malls totaling 3.7 million square feet from General Growth Properties (NYSE: GGP).
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Chicago and Hoffman Estates, Ill. — Sears Holdings Corp. and General Growth Properties Inc. have entered into a real estate joint venture under which Sears Holdings has contributed 12 of its properties located at GGP-owned malls for approximately $330 million.
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Staten Island, N.Y. — Staten Island Mall will undergo a multi-million dollar redevelopment that will add interior and exterior upgrades, new fashion retailers, restaurants, a Fairway Market and public piazza for guests to enjoy events year-round.
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New York — Steves and Teitelbaum will focus on developing Brixmor’s efforts to attract retailers that are traditionally mall-based to the company’s open-air shopping centers.
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Lincolnshire, Ill. – Lincolnshire Commons was developed in 2007 by General Growth Properties.
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Fort Worth, Texas – Toppel will oversee leasing for Trademark’s portfolio of lifestyle centers, malls and mixed-use developments.
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Littleton, Colo. – Improvements include renovating the center court with multiple open-air cafes, new seating areas and free Wi-Fi access, as well as new directional signage crafted from natural materials, accented by colorful, regional landscape elements; indoor fireplaces; skylights; and light
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Morristown, N.J. – Villa Italian Kitchen is Villa Enterprises’ flagship brand and has more than 250 locations worldwide.
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Morrow, Ga. – The mall has annual sales of more than $100 million.
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Chicago – Each hire brings two decades of industry experience to their roles.
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