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



YESTERDAY, USA:
Levi's Haus Miami has become home to a variety of brand collaborations, interactive entertainment, and innovation testing.
DAY BEFORE YESTERDAY, USA:
The Italian brand sells "the most expensive T-shirts in the world" in support of its first real estate project.
Dec 4, 2019, Malaysia:
The facility will serve dishes previously available in the planes of a famous budget Malaysian airline.
Dec 4, 2019, USA:
American retailer intends to implement ambitious plans to increase profits and expand its global presence by 2025.
Dec 3, 2019, Sweden:
A Swedish fashion retailer is testing a new service in its flagship store in Stockholm.
Dec 3, 2019, China:
According to the latest Brand Finance report, WeChat is the fastest growing brand in the world.
Friend
and Follow
Liberty Center GLA:828 821 SF
USA . Cincinnati
Liberty Center
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla


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