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Urstadt Biddle Properties, Inc. was a real estate investment trust based in Greenwich, Connecticut that primarily invested in shopping centers in New York, New Jersey, and Connecticut. As of October 31, 2021, the company owned interests in 79 properties comprising 5.1 million square feet of gross leasable area. [ 1 ]
Southbridge Mall during its tax sale was purchased by Kohan for $1.5 million in September 2016. [3] Also in September 2016, Kohan purchased Berkshire Mall for $3.5 million. [21] [22] Richmond Town Square was purchased for $7.25 million in November 2016. [23] Kohan purchased six malls in 2018 for $46 million. [24]
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties [3] as of 2021.
Kimco Realty was the first public, vertically integrated REIT designed to be internally managed and advised, providing its own property and asset management. [2]As of March 31, 2022, the company owned interests in 537 U.S. shopping centers and mixed-use assets comprising 93 million square feet of gross leasable space.
Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
In 1984, Aetna sold Urban Investment and Development Corporation of Chicago, to JMB Real Estate Group, for $1.4 billion. [6] In 1993, JMB spun off its retail properties into Urban Shopping Centers, and was traded on NYSE and CSE under "URB". [7] In 2000, Urban was purchased by Rodamco North America. [8]
The New Jersey Supreme Court has been at the forefront in providing access to malls as a public forum under the New Jersey State Constitution's free-speech protections, requiring private owners of shopping malls to allow use as a forum by individuals and groups. In New Jersey Coalition Against War in the Middle East v. JMB Realty Corp.
SITE Centers Corp. (formerly DDR Corp. and Developers Diversified Realty, Inc.) is a publicly traded real estate investment trust that invests in shopping centers. Founded in 1965 by Bert Wolstein , the company is headquartered in Beachwood, Ohio .
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