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Simon Property Group

  • Glimcher Realty Trust to be acquired in $4.3 billion deal

    Columbus, Ohio -- Washington Prime Group announced Tuesday it will acquire shopping center REIT Glimcher Realty Trust in a deal worth $4.3 billion.

    Washington Prime Group, a Bethesda, Maryland-based REIT, and Glimcher will combine under a new name WP Glimcher, with headquarters remaining in the current Glimcher offices in Columbus, Ohio.

    The newly combined company will remain publicly traded.

  • Levin Management names Body Central exec as VP of leasing

    North Plainfield, N.J. — David Reiner has joined retail real estate services firm Levin Management as VP of leasing. Most recently, Reiner served as director of real estate for Body Central Stores Inc.

    During the past 25 years, he has also has held executive- and management-level retail leasing positions with property owners such as Urban Retail Properties, Colonial Properties Trust, and Simon Property Group.
     

  • Brixmor Property Group signs new Leases at Westminster City Center

    Westminster, Colo. -- Brixmor Property Group, owner and operator of the largest wholly owned U.S. portfolio of grocery-anchored shopping centers, has leased more than 97,000 sq. ft. of retail space to five national retailers at Westminster City Center in Westminster, Colorado. 

  • Phipps Plaza adds luxury residential component

    Atlanta -- Simon Property Group and Columbus Realty have teamed to inject a high-residential component to Simon’s fashionable Phipps Plaza shopping destination in the tony Buckhead area of Atlanta.

    The residential project, to be named Domain at Phipps Plaza, will be developed with Columbus Realty Partners.

  • Kurt Webb is new GM at The Shops at Mission Viejo

    Mission Viejo, Calif. — The Shops at Mission Viejo, a Simon Property Group property in Mission Viejo, California, has welcomed Kurt Webb as the new general manager. Webb began working with the center in mid-April and recently relocated to the region. He came on full time as of June 1.

    Webb will be responsible for local leasing, tenant relations, building operations, security and marketing efforts. Additionally, he will act as a key liaison for various community and strategic organizations.

  • Simon promotes Andrew Juster to CFO

    Indianapolis — Simon Property Group has announced that Andrew Juster, a 25-year Simon veteran, will move up to the post of CFO in early 2015, succeeding retiring CFO Stephen E. Sterrett. Juster has served as Simon’s treasurer since 2000, managing the company’s capital market activities, implementing its corporate financing strategy, maintaining banking and lending relationships, leading the treasury function and managing Simon’s relationships with rating agencies.

  • Simon is planning a digital concierge network

    Indianapolis, Ind. — Simon Property Group has begun a collaboration with elevate DIGITAL, a developer of interactive digital technology, to install digital concierge solutions in a number of Simon’s U.S. retail shopping centers.

  • Phillips Edison hires leasing director for Cleveland center

    Cincinnati, Ohio — Phillips Edison & Co. has appointed Robyn Capuano Hays senior leasing director for The Shoppes at Parma, a $70 million redevelopment of the former Parmatown Mall, currently underway in Parma, Ohio, not far from Cleveland. The project includes an enclosed shopping mall, power center, strip center, outparcels, restaurants, and office space.

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