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General Growth Properties is now officially ‘GGP’


Though General Growth Properties has long been most commonly known as GGP in the retail industry, the big mall owner has now made it official.

Effective Jan. 27, the big mall owner with 126 properties in 40 states, officially changes its name to GGP. Founded in 1954 to develop grocery-anchored strip centers, GGP evolved into one of the largest providers of A-level mall space.

“We control eight percent, approximately 100 million square feet, of the best retail real estate in the country,” said CEO Sandeep Mathrani in a statement announcing the name change.

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