Find in the news:
BY COUNTRY

Richmond Shopping Mall $1.4B Sale



Taubman Centers Inc. developed Stony Point more than ten years ago and is set to sell the mall along with six other centers to Starwood Capital Group. 

The deal should be completed during the fourth quarter.MacArthur Center in downtown Norfolk is included in the deal.The deal of $1.405 billion includes cash of $785m and property-level debt of $620m which will be settled upon closing.This sale is a good strategic move for Starwood and the Starwood Retail Partners unit. 

The Chairman and Chief Executive of Starwood Capital Group, Barry Sternlicht, said that the Taubman portfolio will broaden their relationship with high-end department stores and tenants. This will offer them the opportunity to offer their investors good returns.Stony Point was opened during September 2003. It is a 668000ftІ mall, with anchors which include Dick’s Sporting Goods, Dillard’s and Saks Fifth Avenue. During 2012, Stony Point was outdone in the sales arena by its rival, Short Pump Center in Henrico County. Stony Point achieved $110.56m, while Short Pump showed R352.2m during that year.

More about shopping malls in the USA



May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Apr 22, 2022, Brazil:
BR Malls Participacoes and Aliance Sonae Shopping Centers may merge to form Brazil's largest mall operator.
Apr 22, 2022, United Kingdom:
The online retailer began selling cosmetics from luxury and indie brands.
Friend
and Follow
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us