Macerich acquires two malls
Snapshot Report) announced a deal in which Macerich will acquire General Growth's 1/3 ownership each in two malls in the Phoenix market, Superstition Springs and Arrowhead Towne Center.
Simon Property Group, the largest mall owner in the US, said late Monday it completed its $2.3 billion acquisition of 21 outlet shopping malls from Prime Outlets Acquisition.