Unable to fill a 300,000-sq.-ft. space left vacant by Macy’s, Brookfield Properties has given up its attempt to save Water Tower Place, the first indoor mall built in Chicago.
What once was Michigan’s Mall of Monroe, between Detroit and Toledo, was devoid of traffic for years after the departure of anchors like Target and J.C. Penney’s.
Edens, a neighborhood center owner whose 91 properties cling to the East Coast and hit Texas and Colorado, has established an important presence on the West Coast.