Opry Mills among properties involved in Simon Property Group transaction

Friday, March 9, 2012, Vol. 36, No. 10

Simon Property Group, the biggest mall operator in the U.S., announced on Thursday that it is buying joint venture partner Farallon Capital Management LLC's interest in 26 U.S. shopping malls owned by The Mills LP -- including Nashville's Opry Mills -- for $1.5 billion.

Other properties involved in the transaction and their locations:

Arizona Mills, Tempe (Phoenix), Ariz.; Arundel Mills and Arundel Mills Marketplace, Hanover (Baltimore), Md.; Colorado Mills, Lakewood (Denver), Colo.; Concord Mills and Concord Mills Marketplace, Concord (Charlotte), N.C.; Denver West Village, Lakewood (Denver), Colo., and Grapevine Mills, Grapevine (Dallas), Texas

Also, Great Mall Milpitas (San Jose), Calif.; Gurnee Mills, Gurnee (Chicago), Ill.; Katy Mills, Katy (Houston), Texas; Ontario Mills, Ontario (Riverside), Calif.; The Outlets at Orange, Orange (Los Angeles), Calif.; Potomac Mills, Woodbridge (Washi ngton D.C.), Va.; Sawgrass Mills, Sunrise (Miami), Fla.; Briarwood Mall, Ann Arbor, Mich., and Dover Mall and Dover Commons, Dover, Del.

Also, The Falls, Miami, Fla.; The Mall at Tuttle Crossing, Dublin (Columbus), Ohio; Meadowood Mall, Reno, Nev.; The Shops at Riverside, Hackensack (New York), N.J.; Southdale Center, Edina (Minneapolis), Minn.; Southridge Mall, Greendale (Milwaukee), Wis.; Stoneridge Shopping Center, Pleasanton (San Francisco), Calif.; Town Center at Cobb, Kennesaw (Atlanta), Ga.