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There's a good chance that this impacts a retail center near you.
1 posted on 02/16/2010 10:49:42 AM PST by 2ndDivisionVet
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To: 2ndDivisionVet

Here in Minneapolis-St Paul, Simon Properties owns two malls, Southdale and Maplewood Mall.

Southdale has the title of the United States’ first indoor shopping mall. It used to be the premier place to go in the Twin Cities but after the Mall of American was built, it has lost a fair amount of business.

Still, it’s a decent place to shop.


2 posted on 02/16/2010 11:07:13 AM PST by MplsSteve
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To: 2ndDivisionVet

How many investors are dumping NBC stock over the dismal Winter Olympics?


3 posted on 02/16/2010 11:18:59 AM PST by ridesthemiles
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To: 2ndDivisionVet

Simon owns three malls here in Pittsburgh. One is rapidly dying. Don’t think General Growth has anything within 300 miles. If any local effect they might close the dying mall to conserve cash flow.


4 posted on 02/16/2010 11:42:20 AM PST by Buckeye McFrog
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To: 2ndDivisionVet

In Massachusetts, the two most notable properties owned by GGP are the Faneuil Hall Marketplace tourist trap in downtown Boston, and the snooty but dead Natick Collection west of Boston.


6 posted on 02/16/2010 3:22:08 PM PST by LibFreeOrDie (Obama promised a gold mine, but will give us the shaft.)
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To: 2ndDivisionVet
The Chicago-based General Growth Properties' Chairman of the Board is the New York Times Thomas Friedman's father in-law.

While Friedman make a good buck, without his wife's help can he afford his (from Wikipedia) The July 2006 issue of Washingtonian reported that they own "a palatial 11,400-square-foot house, currently valued at $9.3 million, on a 7½-acre parcel just blocks from I-495 and Bethesda Country Club."

Also, isn't it interesting that Friedman is another liberal telling us we have to cut back severely on our miserly energy use while he lives like a king.

7 posted on 02/16/2010 6:44:21 PM PST by RJL
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