Simon Property Group

Boca Raton, Fla. -- Indianapolis-based Simon Property Group announced that its Town Center at Boca Raton shopping mall is celebrating the grand opening of two national retail debuts, a Florida first in dining and several other upscale additions.

Recently, Swiss watch manufacturer Ulysse Nardin opened its first freestanding U.S. boutique at Town Center at Boca Raton. Prior to the holidays, gold vending machine, the GOLD to go ATM, opened.

Indianapolis -- Simon Property Group has launched the Simon Mobile Shopper Club. More than 180 Simon malls will now interact with shoppers who want to receive news of special deals and events on their mobile device via text messaging (SMS).

When a shopper opts-in to the Simon Mobile Shopper Club at their favorite Simon mall, they will receive alerts on special retailer sales or events, such as Santa's arrival. While at the mall, shoppers will be encouraged to interact via SMS and even play text-in games for a chance to win great prizes.

Indianapolis -- Simon Property Group announced that it opened the second phase of Houston Premium Outlets in Cypress, Texas.

The 114,000-sq.-ft. expansion brings the property to a total of 541,000 sq. ft. of gross leasable area (GLA) and 145 stores.

Chicago -- Exiting what was labeled the biggest real estate bankruptcy in U.S. history, General Growth Properties has emerged from Chapter 11 protection as two separate companies.

The country’s second-largest U.S. mall owner said Wednesday that it has spun off Howard Hughes Corp., an owner of master-planned communities and other properties.

The shares of the newly separate General Growth, as well as the shares of Howard Hughes, will begin trading Thursday on the New York Stock Exchange.