Mills Corporation
Encyclopedia
The Mills Corporation was a publicly traded real estate investment trust
headquartered in Arlington, Virginia, United States
, acquired on April 3, 2007 by an investment group composed of Simon Property Group
and Farallon Capital Management. The company developed, owned, and operated major super-regional shopping malls. The company built 18 "Landmark" centers in which the malls were named after "Mills", like "Franklin Mills," or "St. Louis Mills"; and also over 20 "21st Century Retail" regional malls that they started operating in 2002, like Del Amo Fashion Center and Southdale Center. Most former Mills facilities have a large movie theater
from 10–30 screens, and a large food court
(sometimes two). Their facilities are normally built in modern/abstract architectural designs. Simon Property Group assumed management of the former Mills properties after the acquisition, and is operating the former "Landmark Mills" group as a separate operating segment within its organization.
in the Washington, D.C.
metropolitan area. Then from 1989–1991, Franklin, Sawgrass, & Gurnee Mills opened each of those years,respectively. In 1994 the company converted to REIT status and changed its name to "The Mills Corporation.'.
In 1996, with new CEO Lawrence Siegel, The Mills built Ontario Mills near Los Angeles, which was the company's first mall built abstractly and with a full oval racetrack design which followed into the rest of the company's built malls. Since opening Ontario Mills until 2005 with Pittsburgh Mills, The Mills built and opened at least one or two landmark malls each year.
In 2002, The Mills acquired six regular retail malls including the ailing Forest Fair Mall (became Cincinnati Mills from 2004–2009) and a nine mall portfolio in 2004, including former Taubman Centers
, like Columbus City Center in order to redevelop & expanded to be more affordable centers. Also, the company also expanded to Europe with the opening of Madrid Xanadú
in Spain.
The success of Madrid Xanadú prompted The Mills to embark on the $1 billion+ Meadowlands Xanadu complex in 2004, which was first planned as "Meadowlands Mills," but the project has caused numerous delays and costed the company financially. (After years of building, leasing, and delays, the renamed Meadowlands may open in between 2011 and 2012)
In November 2004, Vaughan Mills was the first Mills Landmark built in Canada, and continued its international success with the acquisition of the St. Enoch Centre in Scotland and was offered to build a center in Rome, Italy.
After their last built mall was opened, Galleria at Pittsburgh Mills in July 2005, the company was investigated by the Securities & Exchange Commission for its financial problems.
, based out of Toronto. The deal was valued at US$
1.35 billion. The company was forced to seek help after a possible management misconduct resulted in a $350 million accounting error. Brookfield would have paid $21 for each share of Mills Corporation. However, on February 13, 2007, Mills announced that their board had determined that a competing offer from Simon Property Group
of Indianapolis, Indiana
was superior to the Brookfield offer. Brookfield had the option to submit a counter offer, but February 16, 2007, Simon Property Group and Farallon Capital agreed to acquire Mills for $25.25 per common share.
On April 6, 2007, Farallon and Simon completed the acquisition of Mills. All former Mills malls became Simon properties at the acquisition date and are now shown on Simon's website. The Mills became Simon's fifth retail platform, along with Regional Malls (the 21st Century malls included) and Chelsea Premium Outlets. The new platform (for Landmark Mills only) is known as The Mills: A Simon Company.
Real estate investment trust
A real estate investment trust or REIT is a tax designation for a corporate entity investing in real estate. The purpose of this designation is to reduce or eliminate corporate tax. In return, REITs are required to distribute 90% of their taxable income into the hands of investors...
headquartered in Arlington, Virginia, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, acquired on April 3, 2007 by an investment group composed of Simon Property Group
Simon Property Group
Simon Property Group, Inc. is an American commercial real estate company, ranked #1 in the United States as the largest real estate investment trust. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The...
and Farallon Capital Management. The company developed, owned, and operated major super-regional shopping malls. The company built 18 "Landmark" centers in which the malls were named after "Mills", like "Franklin Mills," or "St. Louis Mills"; and also over 20 "21st Century Retail" regional malls that they started operating in 2002, like Del Amo Fashion Center and Southdale Center. Most former Mills facilities have a large movie theater
Movie theater
A movie theater, cinema, movie house, picture theater, film theater is a venue, usually a building, for viewing motion pictures ....
from 10–30 screens, and a large food court
Food court
A food court is generally an indoor plaza or common area within a facility that is contiguous with the counters of multiple food vendors and provides a common area for self-serve dining. Food courts may be found in shopping malls and airports, and in various regions may be a standalone development...
(sometimes two). Their facilities are normally built in modern/abstract architectural designs. Simon Property Group assumed management of the former Mills properties after the acquisition, and is operating the former "Landmark Mills" group as a separate operating segment within its organization.
Company history
The company started in 1985 as the Western Development Corporation, and its first mall was Potomac MillsPotomac Mills
Potomac Mills is a shopping mall in Woodbridge, VA in the Washington, D.C., metropolitan area. It is located near Interstate 95 between Smoketown Road, Telegraph Road and the Prince William Parkway....
in the Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
metropolitan area. Then from 1989–1991, Franklin, Sawgrass, & Gurnee Mills opened each of those years,respectively. In 1994 the company converted to REIT status and changed its name to "The Mills Corporation.'.
In 1996, with new CEO Lawrence Siegel, The Mills built Ontario Mills near Los Angeles, which was the company's first mall built abstractly and with a full oval racetrack design which followed into the rest of the company's built malls. Since opening Ontario Mills until 2005 with Pittsburgh Mills, The Mills built and opened at least one or two landmark malls each year.
In 2002, The Mills acquired six regular retail malls including the ailing Forest Fair Mall (became Cincinnati Mills from 2004–2009) and a nine mall portfolio in 2004, including former Taubman Centers
Taubman Centers
Taubman Centers is an owner of United States upscale regional malls and has headquarters in Bloomfield Hills, Michigan. The Taubman Asia subsidiary is headquartered in Hong Kong. It has the highest selling portfolio of malls in any mall company in the United States.Taubman was founded in 1950 by...
, like Columbus City Center in order to redevelop & expanded to be more affordable centers. Also, the company also expanded to Europe with the opening of Madrid Xanadú
Madrid Xanadú
Madrid Xanadú is a large shopping mall and entertainment center in Arroyomolinos, Spain at the Autovía de Extremadura section. The Mall is one of Europe's largest and most recognized, with over 222 shops, eateries, and a 15-screen Cinesa Movie Theater. The main attraction is Madrid SnowZone, a...
in Spain.
The success of Madrid Xanadú prompted The Mills to embark on the $1 billion+ Meadowlands Xanadu complex in 2004, which was first planned as "Meadowlands Mills," but the project has caused numerous delays and costed the company financially. (After years of building, leasing, and delays, the renamed Meadowlands may open in between 2011 and 2012)
In November 2004, Vaughan Mills was the first Mills Landmark built in Canada, and continued its international success with the acquisition of the St. Enoch Centre in Scotland and was offered to build a center in Rome, Italy.
After their last built mall was opened, Galleria at Pittsburgh Mills in July 2005, the company was investigated by the Securities & Exchange Commission for its financial problems.
Acquisition by Simon Property Group
On January 17, 2007, the Mills Corporation agreed to a buyout from Brookfield Asset ManagementBrookfield Asset Management
Brookfield Asset Management Inc. is a Toronto, Ontario-based asset management company that manages a global portfolio of assets valued at over $150 billion...
, based out of Toronto. The deal was valued at US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
1.35 billion. The company was forced to seek help after a possible management misconduct resulted in a $350 million accounting error. Brookfield would have paid $21 for each share of Mills Corporation. However, on February 13, 2007, Mills announced that their board had determined that a competing offer from Simon Property Group
Simon Property Group
Simon Property Group, Inc. is an American commercial real estate company, ranked #1 in the United States as the largest real estate investment trust. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers, The...
of Indianapolis, Indiana
Indianapolis, Indiana
Indianapolis is the capital of the U.S. state of Indiana, and the county seat of Marion County, Indiana. As of the 2010 United States Census, the city's population is 839,489. It is by far Indiana's largest city and, as of the 2010 U.S...
was superior to the Brookfield offer. Brookfield had the option to submit a counter offer, but February 16, 2007, Simon Property Group and Farallon Capital agreed to acquire Mills for $25.25 per common share.
On April 6, 2007, Farallon and Simon completed the acquisition of Mills. All former Mills malls became Simon properties at the acquisition date and are now shown on Simon's website. The Mills became Simon's fifth retail platform, along with Regional Malls (the 21st Century malls included) and Chelsea Premium Outlets. The new platform (for Landmark Mills only) is known as The Mills: A Simon Company.
Former Mills properties
- Arizona MillsArizona MillsArizona Mills is an indoor outlet mall in Tempe, Arizona. It is mostly owned by Simon Property Group and managed by The Taubman Company. It opened on November 20, 1997, with 6,000 parking spaces and approximately 200 retailers. It is currently anchored by outlet versions of Saks Fifth Avenue,...
– TempeTempe, ArizonaTempe is a city in Maricopa County, Arizona, USA, with the Census Bureau reporting a 2010 population of 161,719. The city is named after the Vale of Tempe in Greece. Tempe is located in the East Valley section of metropolitan Phoenix; it is bordered by Phoenix and Guadalupe on the west, Scottsdale...
(PhoenixPhoenix, ArizonaPhoenix is the capital, and largest city, of the U.S. state of Arizona, as well as the sixth most populated city in the United States. Phoenix is home to 1,445,632 people according to the official 2010 U.S. Census Bureau data...
), ArizonaArizonaArizona ; is a state located in the southwestern region of the United States. It is also part of the western United States and the mountain west. The capital and largest city is Phoenix... - Arundel MillsArundel MillsArundel Mills is a mall located in Hanover, Maryland and is now owned by Simon Property Group. With its GLA, it was the largest mall in Maryland, until the Westfield Annapolis Mall surpassed it with its 2007 expansion...
– HanoverHanover, MarylandHanover, Maryland is a locality in unincorporated northwestern Anne Arundel County, Maryland in the United States, located south of Baltimore near the Howard County line....
(BaltimoreBaltimoreBaltimore is the largest independent city in the United States and the largest city and cultural center of the US state of Maryland. The city is located in central Maryland along the tidal portion of the Patapsco River, an arm of the Chesapeake Bay. Baltimore is sometimes referred to as Baltimore...
), MarylandMarylandMaryland is a U.S. state located in the Mid Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east... - The Block at OrangeThe Block at OrangeThe Outlets at Orange is an open-air shopping mall developed by The Mills Corporation and now owned jointly by The Mills, A Simon Company,, Faralon Capital and KanAm, in Orange, California, a few miles southeast of Disneyland near the heart of the Orange Crush interchange...
– Orange, CaliforniaOrange, CaliforniaSouthern California is well-known for year-round pleasant weather: - On average, the warmest month is August. - The highest recorded temperature was in 1985. - On average, the coolest month is December. - The lowest recorded temperature was in 1950...
(AnaheimAnaheim, CaliforniaAnaheim is a city in Orange County, California. As of the 2010 United States Census, the city population was about 365,463, making it the most populated city in Orange County, the 10th most-populated city in California, and ranked 54th in the United States...
, Los AngelesLos ÁngelesLos Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
) - Briarwood MallBriarwood MallBriarwood Mall is a shopping mall in Ann Arbor, Michigan, United States. The mall's four anchor stores are Macy's, JCPenney, Sears, and Von Maur. Surrounded by office and other development, the mall anchors the southern Ann Arbor commercial area around Eisenhower Boulevard and I-94. It serves as...
– Ann Arbor, MichiganAnn Arbor, MichiganAnn Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. The 2010 census places the population at 113,934, making it the sixth largest city in Michigan. The Ann Arbor Metropolitan Statistical Area had a population of 344,791 as of 2010... - Broward MallBroward MallThe Broward Mall, officially known as Westfield Broward, is a one-level shopping mall in Plantation, Florida, a suburb of Fort Lauderdale. The mall has recently completed a multi-million-dollar renovation, and is operated and owned by the Westfield Group. The center features 125 retail and...
– Plantation, FloridaPlantation, FloridaPlantation is the name of the following places in the U.S. state of Florida:*Plantation, Florida, a city in Broward County; the largest of the places named "Plantation" in Florida*Plantation, Sarasota County, Florida, a census-designated place... - Cincinnati Mall – Cincinnati, OhioCincinnati, OhioCincinnati is a city in the U.S. state of Ohio. Cincinnati is the county seat of Hamilton County. Settled in 1788, the city is located to north of the Ohio River at the Ohio-Kentucky border, near Indiana. The population within city limits is 296,943 according to the 2010 census, making it Ohio's...
(formerly Forest Fair Mall & Cincinnati Mills) - Colorado MillsColorado MillsColorado Mills is a shopping mall placed in Lakewood, Colorado. The mall has 10 anchor stores and it also has some restaurants, including casual dining and regular restaurants, and some entertainment facilities. The mall has 91 stores altogether. Walking one full circuit around the mall's main...
– LakewoodLakewood, ColoradoLakewood is a Home Rule Municipality that is the most populous city in Jefferson County, Colorado, United States. Lakewood is the fifth most populous city in the State of Colorado and the 172nd most populous city in the United States. The United States Census Bureau estimates that in April 1, 2010...
(Denver), ColoradoColoradoColorado is a U.S. state that encompasses much of the Rocky Mountains as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains... - Concord MillsConcord MillsConcord Mills is a nearly-1.4 million square foot shopping mall located in Concord, North Carolina. The mall is in Cabarrus County, just a few hundred feet from the Mecklenburg County border, and about from downtown Charlotte. One of two shopping malls in Concord, it was built & formerly...
– ConcordConcord, North CarolinaConcord is a city in the U.S. state of North Carolina. According to Census 2010, the city has a current population of 79,066. It is the largest city in Cabarrus County and is the county seat. In terms of population, the city of Concord is the second largest city in the Charlotte Metropolitan Area...
(CharlotteCHARLOTTE- CHARLOTTE :CHARLOTTE is an American blues-based hard rock band that formed in Los Angeles, California in 1986. Currently, they are signed to indie label, Eonian Records, under which they released their debut cd, Medusa Groove, in 2010. Notable Charlotte songs include 'Siren', 'Little Devils',...
), North CarolinaNorth CarolinaNorth Carolina is a state located in the southeastern United States. The state borders South Carolina and Georgia to the south, Tennessee to the west and Virginia to the north. North Carolina contains 100 counties. Its capital is Raleigh, and its largest city is Charlotte... - Colonnade Outlets at Sawgrass – SunriseSunrise, Florida-Overview:Sunrise is a city in southwestern Broward County, Florida, United States. It was incorporated in 1961 by Norman Johnson – a developer whose World Famous Upside-Down House attracted buyers to what was then a remote area...
(Fort Lauderdale), FloridaFloridaFlorida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it... - Columbus City CenterColumbus City CenterColumbus City Center was a , three-level shopping center in Columbus, Ohio, United States. It was located in the city's downtown, near the Ohio State Capitol, next to the Ohio Theatre, and connected to a Hyatt hotel...
– Downtown Columbus, OhioColumbus, OhioColumbus is the capital of and the largest city in the U.S. state of Ohio. The broader metropolitan area encompasses several counties and is the third largest in Ohio behind those of Cleveland and Cincinnati. Columbus is the third largest city in the American Midwest, and the fifteenth largest city...
(Mall now closed for redevelopment) - Del Amo Fashion CenterDel Amo Fashion CenterDel Amo Fashion Center is a two-level regional shopping mall in Torrance, California, USA. It is currently managed and co-owned by Simon Property Group....
– TorranceTorrance, CaliforniaTorrance is a city incorporated in 1921 and located in the South Bay region of Los Angeles County, California, United States. Torrance has of shore-front beaches on the Pacific Ocean, quieter and less well-known by tourists than others on the Santa Monica Bay, such as those of neighboring...
(Los AngelesLos ÁngelesLos Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
), CaliforniaCaliforniaCalifornia is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area... - Discover MillsDiscover MillsDiscover Mills is a , single story shopping mall in Lawrenceville, Georgia with over 180 specialty retailers. The mall features 13 anchors as well as a variety of theme restaurants, casual dining and entertainment venues. Discover Mills is the first mall in the United States to have naming rights...
– LawrencevilleLawrenceville, GeorgiaLawrenceville is a city in and the county seat of Gwinnett County, Georgia, in the United States. The Census Bureau estimates the 2008 population at 29,258...
(Atlanta), GeorgiaGeorgia (U.S. state)Georgia is a state located in the southeastern United States. It was established in 1732, the last of the original Thirteen Colonies. The state is named after King George II of Great Britain. Georgia was the fourth state to ratify the United States Constitution, on January 2, 1788...
- Note: This is the first known instance of a developer selling naming rightsNaming rightsIn the private sector, naming rights are a financial transaction whereby a corporation or other entity purchases the right to name a facility, typically for a defined period of time. For properties like a multi-purpose arena, performing arts venue or an athletic field, the term ranges from three...
to a mall in the United States.
- Note: This is the first known instance of a developer selling naming rights
- Dover MallDover MallThe Dover Mall is located on U.S. Route 13 in Dover, Delaware. Anchors are Boscov's, Macy's, JC Penney, Old Navy, Sears, and a 14 screen Carmike cinema. It is a one-level, enclosed regional mall...
– Dover, DelawareDover, DelawareThe city of Dover is the capital and second largest city in the U.S. state of Delaware. It is also the county seat of Kent County, and the principal city of the Dover, Delaware Metropolitan Statistical Area, which encompasses all of Kent County. It is located on the St. Jones River in the Delaware... - The EsplanadeThe Esplanade (Kenner, Louisiana)The Esplanade, also known as the Esplanade Mall, is a shopping mall in Kenner, Louisiana, United States. It is anchored by Dillard's, Dillard's Men's Store , and Macy's...
– KennerKenner, LouisianaKenner is a city in Jefferson Parish, Louisiana, United States, and a suburb of New Orleans. The population was 66,702 at the 2010 census....
(New OrleansNew Orleans, LouisianaNew Orleans is a major United States port and the largest city and metropolitan area in the state of Louisiana. The New Orleans metropolitan area has a population of 1,235,650 as of 2009, the 46th largest in the USA. The New Orleans – Metairie – Bogalusa combined statistical area has a population...
), LouisianaLouisianaLouisiana is a state located in the southern region of the United States of America. Its capital is Baton Rouge and largest city is New Orleans. Louisiana is the only state in the U.S. with political subdivisions termed parishes, which are local governments equivalent to counties... - The FallsThe Falls (mall)The Falls is an open-air shopping mall in Kendall, Florida. The mall has over 100 upscale stores; its anchor stores are Macy's, Bloomingdale's, and Regal Entertainment Group, and is currently managed and partially owned by the Simon Property Group.-History:...
– Miami, FloridaMiami, FloridaMiami is a city located on the Atlantic coast in southeastern Florida and the county seat of Miami-Dade County, the most populous county in Florida and the eighth-most populous county in the United States with a population of 2,500,625... - Franklin MillsFranklin MillsFranklin Mills is an enclosed shopping mall located in northeast Philadelphia, Pennsylvania, bordering Bensalem in Bucks County and outside Center City...
– Philadelphia, PennsylvaniaPhiladelphia, PennsylvaniaPhiladelphia is the largest city in the Commonwealth of Pennsylvania and the county seat of Philadelphia County, with which it is coterminous. The city is located in the Northeastern United States along the Delaware and Schuylkill rivers. It is the fifth-most-populous city in the United States,... - Galleria at White PlainsGalleria at White PlainsThe Galleria at White Plains is a large enclosed urban shopping mall located in the downtown area of White Plains, New York, a commercial and residential suburb north of New York City....
– White PlainsWhite Plains, New YorkWhite Plains is a city and the county seat of Westchester County, New York, United States. It is located in south-central Westchester, about east of the Hudson River and northwest of Long Island Sound...
(New York CityNew York CityNew York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
), New YorkNew YorkNew York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east... - Grapevine MillsGrapevine MillsGrapevine Mills is a large shopping mall located in Grapevine, Texas, which is located in the Dallas-Fort Worth Metroplex. Grapevine Mills currently totals over in size. The mall also includes a Bass Pro Shops, although not connected physically. Grapevine Mills opened on October 30, 1997 and is...
– GrapevineGrapevine, TexasGrapevine is a city in northeast Tarrant County, Texas, United States located within the Dallas-Fort Worth metropolitan area. As of the 2010 census the city population was 46,334. The city's moniker is derived from the native grapes prevalent in the area. In recent years several wineries have...
(Dallas–Fort Worth), TexasTexasTexas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in... - Great Mall of the Bay AreaGreat Mall of the Bay AreaThe Great Mall of the Bay Area is a large outlet shopping mall in Milpitas, California built by Ford Motor Land Development and Petrie Dierman Kughn in 1994, then acquired by Mills Corporation in 2003, and is now owned by the Simon Property Group since April 2007.-History:Formerly a Ford...
– MilpitasMilpitas, CaliforniaMilpitas is a city in Santa Clara County, California. It is a suburb of the major city of San Jose, California. It is located with San Jose to its south and Fremont to its north, at the eastern end of State Route 237 and generally between Interstates 680 and 880 which run roughly north/south...
(San JoseSan Jose, CaliforniaSan Jose is the third-largest city in California, the tenth-largest in the U.S., and the county seat of Santa Clara County which is located at the southern end of San Francisco Bay...
), CaliforniaCaliforniaCalifornia is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area... - Gurnee MillsGurnee MillsGurnee Mills is an indoor mall, established in Gurnee, Illinois. It's located about halfway between Chicago and Milwaukee, Wisconsin, a 40 minute drive either way, and near Six Flags Great America. It is a single-level Z-shaped mall. At of gross leasable area, it is the fourth largest mall in...
– GurneeGurnee, IllinoisGurnee is a village in Lake County, Illinois, United States. The population was 28,834 at the 2000 census, and estimated to be 30,772 in 2005. The village borders the city of Waukegan and is considered a part of the Chicago metropolitan area. Gurnee is perhaps best known for being the location of...
(ChicagoChicagoChicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
), IllinoisIllinoisIllinois is the fifth-most populous state of the United States of America, and is often noted for being a microcosm of the entire country. With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal,... - Hilltop MallHilltop MallHilltop Mall is a mall in the Hilltop neighborhood of Richmond, California. Hilltop is managed and co-owned by Simon Property Group, and is anchored by longtime tenants JC Penney, Macy's, Sears, and lastly Wal-Mart, a 2007 addition. -History:...
– Richmond, CaliforniaRichmond, CaliforniaRichmond is a city in western Contra Costa County, California, United States. The city was incorporated on August 7, 1905. It is located in the East Bay, part of the San Francisco Bay Area. It is a residential inner suburb of San Francisco, as well as the site of heavy industry, which has been... - Katy MillsKaty MillsKaty Mills is an outlet shopping mall in Katy, Texas within the Houston–Sugar Land–Baytown metropolitan area, developed by The Mills Corporation and now owned by Simon Property Group. The mall opened on October 28, 1999 and hosts a variety of over 200 specialty stores...
– KatyKaty, TexasKaty is a city located in Harris, Fort Bend and Waller Counties in the U.S. state of Texas, within the Houston–Sugar Land–Baytown metropolitan area...
(Houston), TexasTexasTexas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in... - Lakeforest MallLakeforest MallLakeforest Mall is an enclosed shopping center operated by Simon Property Group that is located in Gaithersburg, Maryland, one of the northern suburbs of Washington, D.C. in Montgomery County, Maryland. Its two levels house over 160 stores, a food court, and a large children's play...
– GaithersburgGaithersburg, MarylandGaithersburg is a city in Montgomery County, Maryland, United States. The city had a population of 59,933 at the 2010 census, making it the fourth largest incorporated city in the state, behind Baltimore, Frederick, and Rockville...
, MarylandMarylandMaryland is a U.S. state located in the Mid Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east...
(Washington, D.C.Washington, D.C.Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
) - The Mall at Tuttle CrossingThe Mall at Tuttle CrossingThe Mall at Tuttle Crossing is a shopping center located in Columbus, Ohio, USA near the suburb of Dublin. It was developed by a joint venture of Taubman Centers and The Georgetown Company and opened on July 11, 1997. The original anchor stores were Sears, Lazarus, Marshall Field's, and JCPenney...
– Dublin, OhioDublin, OhioDublin is a city in Franklin, Delaware, and Union counties in the U.S. state of Ohio. The population was 41,751 at the 2010 census. Dublin is a suburb of Columbus, Ohio. Approximately 57,000 people live within the Dublin school district....
(Columbus, OhioColumbus, OhioColumbus is the capital of and the largest city in the U.S. state of Ohio. The broader metropolitan area encompasses several counties and is the third largest in Ohio behind those of Cleveland and Cincinnati. Columbus is the third largest city in the American Midwest, and the fifteenth largest city...
) - Marley StationMarley StationMarley Station is an enclosed shopping mall in Glen Burnie, Maryland. Opened in 1987, it was expanded in 1993 and 1997. The mall includes J.C. Penney, Macy's and Sears as its anchor stores. It is managed by Simon Property Group.-History:...
– Glen BurnieGlen Burnie, MarylandGlen Burnie is a census-designated place in Anne Arundel County, Maryland, United States, and is a suburb of Baltimore. The population was 67,639 at the 2010 census...
(BaltimoreBaltimoreBaltimore is the largest independent city in the United States and the largest city and cultural center of the US state of Maryland. The city is located in central Maryland along the tidal portion of the Patapsco River, an arm of the Chesapeake Bay. Baltimore is sometimes referred to as Baltimore...
), MarylandMarylandMaryland is a U.S. state located in the Mid Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east... - Meadowood MallMeadowood MallMeadowood Mall is a one-level, super-regional mall in Reno, Nevada, owned and managed by Simon Property Group. Meadowood Mall contains 100 retailers and restaurants and it is anchored by Macy’s Women, Macy’s Men/Home, Sears and JCPenney.-History:...
– Reno, NevadaReno, NevadaReno is the county seat of Washoe County, Nevada, United States. The city has a population of about 220,500 and is the most populous Nevada city outside of the Las Vegas metropolitan area... - Northpark MallNorthpark Mall (Mississippi)Northpark Mall is a two-level enclosed regional shopping mall on County Line Road in the city of Ridgeland, Mississippi, across from the state capitol of Jackson, Mississippi. The mall opened in 1984 with four anchors — Jackson-based McRae's, Gayfers, D.H. Holmes, and J. C. Penney...
– Ridgeland, MississippiRidgeland, MississippiRidgeland is a city in Madison County, Mississippi, United States. The population was 20,173 at the 2000 census. It is part of the Jackson Metropolitan Statistical Area.-Geography:...
(Jackson, MS metro area) - Ontario MillsOntario MillsOntario Mills is a large enclosed shopping mall, calling itself an outlet mall. It is located in Ontario, California and it is one of the primary tourist attractions in the Inland Empire. It is located across the street from the former site of the Ontario Motor Speedway. Like all other Mills...
– Ontario, CaliforniaOntario, CaliforniaOntario is a city located in San Bernardino County, California, United States, 35 miles east of downtown Los Angeles. Located in the western part of the Inland Empire region, it lies just east of the Los Angeles county line and is part of the Greater Los Angeles Area...
(Los AngelesLos ÁngelesLos Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
) - Opry MillsOpry MillsOpry Mills is a super-regional shopping mall owned by Simon Property Group, formerly by its initial owners Mills Corporation and Gaylord Entertainment...
-Nashville, TennesseeNashville, TennesseeNashville is the capital of the U.S. state of Tennessee and the county seat of Davidson County. It is located on the Cumberland River in Davidson County, in the north-central part of the state. The city is a center for the health care, publishing, banking and transportation industries, and is home... - Potomac MillsPotomac MillsPotomac Mills is a shopping mall in Woodbridge, VA in the Washington, D.C., metropolitan area. It is located near Interstate 95 between Smoketown Road, Telegraph Road and the Prince William Parkway....
– WoodbridgeWoodbridge, Virginia-Demographics:As of the census of 2000, there were 31,941 people, 10,687 households, and 7,769 families residing in the CDP. The population density was 3,047.8 people per square mile . There were 11,026 housing units at an average density of 1,052.1/sq mi...
, VirginiaVirginiaThe Commonwealth of Virginia , is a U.S. state on the Atlantic Coast of the Southern United States. Virginia is nicknamed the "Old Dominion" and sometimes the "Mother of Presidents" after the eight U.S. presidents born there...
(Washington, D.C.Washington, D.C.Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....
) - Sawgrass MillsSawgrass MillsSawgrass Mills is a shopping mall operated by the Simon Property Group, in Sunrise, Florida, a city in Broward County. With of retail selling space, it is the sixth largest mall in the United States, and the second largest in Florida...
– Sunrise, FloridaSunrise, Florida-Overview:Sunrise is a city in southwestern Broward County, Florida, United States. It was incorporated in 1961 by Norman Johnson – a developer whose World Famous Upside-Down House attracted buyers to what was then a remote area...
(Fort Lauderdale) - The Shops at Riverside – Bergen, New JerseyBergen County, New JerseyBergen County is the most populous county of the state of New Jersey, United States. As of the 2010 United States Census, its population was 905,116. The county is part of the New York City Metropolitan Area. Its county seat is Hackensack...
- Southdale CenterSouthdale CenterSouthdale Center, commonly known as just Southdale, is a shopping mall in Edina, Minnesota, a suburb of Minneapolis, which opened in 1956. It is the United States' oldest fully enclosed, climate-controlled mall...
– EdinaEdina, MinnesotaEdina is a city in Hennepin County, Minnesota, United States, and a first-ring suburb situated immediately southwest of Minneapolis. Edina began as a small farming and milling community in the 1860s. The population was 47,941 at the 2010 census.-Geography:...
(Minneapolis), MinnesotaMinnesotaMinnesota is a U.S. state located in the Midwestern United States. The twelfth largest state of the U.S., it is the twenty-first most populous, with 5.3 million residents. Minnesota was carved out of the eastern half of the Minnesota Territory and admitted to the Union as the thirty-second state... - Southridge Mall – Milwaukee, WisconsinMilwaukee, WisconsinMilwaukee is the largest city in the U.S. state of Wisconsin, the 28th most populous city in the United States and 39th most populous region in the United States. It is the county seat of Milwaukee County and is located on the southwestern shore of Lake Michigan. According to 2010 census data, the...
- Stoneridge Mall – Pleasanton, CaliforniaPleasanton, CaliforniaPleasanton is a city in Alameda County, California, incorporated in 1894. It is a suburb in the San Francisco Bay Area located about east of Oakland, and west of Livermore. The population was 70,285 at the 2010 census. In 2005 and 2007, Pleasanton was ranked the wealthiest middle-sized city in...
- St. Louis MillsSt. Louis MillsSt. Louis Mills is a shopping center in Hazelwood, Missouri, just off Route 370. When it opened in November 2003, it had over 200 specialty shops and 8 anchor stores. Due to the current weaker economy, this number shrank to just over 180. It is a venture investment by developer and former owner,...
– HazelwoodHazelwood, MissouriHazelwood is a second-ring suburb of St. Louis, located in northwestern St. Louis County, Missouri. The population was 25,703 as of the 2010 census. Hazelwood, a northern suburb of St. Louis, is located north of Lambert-St...
(St. LouisSt. Louis, MissouriSt. Louis is an independent city on the eastern border of Missouri, United States. With a population of 319,294, it was the 58th-largest U.S. city at the 2010 U.S. Census. The Greater St...
), MissouriMissouriMissouri is a US state located in the Midwestern United States, bordered by Iowa, Illinois, Kentucky, Tennessee, Arkansas, Oklahoma, Kansas and Nebraska. With a 2010 population of 5,988,927, Missouri is the 18th most populous state in the nation and the fifth most populous in the Midwest. It... - Westland MallWestland Mall (Hialeah)Westfield Westland, formerlly known as Westland Mall, is a shopping mall in Hialeah, Florida.The mall has over 100 stores. The anchors include Macy's, J.C. Penney and Sears....
– HialeahHialeah, FloridaHialeah is a city in Miami-Dade County, Florida, United States. As of the 2000 census, the city population was 226,419. As of 2009, the population estimate by the U. S...
(MiamiMiami, FloridaMiami is a city located on the Atlantic coast in southeastern Florida and the county seat of Miami-Dade County, the most populous county in Florida and the eighth-most populous county in the United States with a population of 2,500,625...
), FloridaFloridaFlorida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...
Properties sold by Mills prior to Simon acquisition
- Madrid XanaduMadrid XanadúMadrid Xanadú is a large shopping mall and entertainment center in Arroyomolinos, Spain at the Autovía de Extremadura section. The Mall is one of Europe's largest and most recognized, with over 222 shops, eateries, and a 15-screen Cinesa Movie Theater. The main attraction is Madrid SnowZone, a...
– near a reiterated recommendation from the Third Evaluation Round, 2003–2004built in 2003 by Mills, sold to Ivanhoe CambridgeIvanhoe CambridgeIvanhoe Cambridge is a property management and development company that formed from the merger of two former companies, Ivanhoe and Cambridge, in 2001.-Ivanhoe Corporation:...
in 2006. - St. Enoch Centre – GlasgowGlasgowGlasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...
, ScotlandScotlandScotland is a country that is part of the United Kingdom. Occupying the northern third of the island of Great Britain, it shares a border with England to the south and is bounded by the North Sea to the east, the Atlantic Ocean to the north and west, and the North Channel and Irish Sea to the...
, acquired 50/50 stake in January 2005, sold interest to Ivanhoe Cambridge. - Vaughan MillsVaughan MillsVaughan Mills is a large shopping centre in Canada located at the southeast corner of Highway 400 and Rutherford Road, in Vaughan, Ontario about 32 km north of Downtown Toronto. The mall is located adjacent to Canada's Wonderland...
– (Toronto, Ontario) Built in 2004 and the first Mills property outside the U.S.; Mills sold its share in July 2006 to Ivanhoe CambridgeIvanhoe CambridgeIvanhoe Cambridge is a property management and development company that formed from the merger of two former companies, Ivanhoe and Cambridge, in 2001.-Ivanhoe Corporation:...
. - Pittsburgh MillsPittsburgh MillsThe Pittsburgh Mills is a super-regional shopping mall complex northeast of Pittsburgh, Pennsylvania in Frazer Township, along PA Route 28 near its intersection with the Pennsylvania Turnpike...
– TarentumTarentum, PennsylvaniaTarentum is a borough in Allegheny County in the U.S. state of Pennsylvania. It is northeast of Downtown Pittsburgh, along the Allegheny River. Tarentum was an industrial center where plate glass and bottles were manufactured; bricks, lumber, steel and iron novelties, steel billets and sheets,...
(Pittsburgh), PennsylvaniaPennsylvaniaThe Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
Built in 2005, was the first Mills landmark to feature full priced stores; Mills sold its share in mall in December 2006 to Zamias Services, Inc.Zamias Services, Inc.Zamias Services, Inc. is a property management and development firm based in Johnstown, Pennsylvania. Formed in 1996 as a division of real estate company George D. Zamias Developer, Zamias Services, Inc. owns and operates 53 retail centers totalling over in 13 states...
Under development
These properties were in development by Mills Corporation before the Simon acquisition and will not be part of Simon.United States
- 108 North State Street108 North State Street108 North State Street is a site currently under development as an urban center located in the Loop community area of downtown Chicago, Illinois, United States. The 3 building structure is being developed by Joseph Freed and Associates LLC, as a project inherited from the Mills Corporation. Retail...
– Chicago, Illinois - Meadowlands XanaduMeadowlands XanaduAmerican Dream Meadowlands is a retail and entertainment complex being constructed in the Meadowlands Sports Complex in East Rutherford, Bergen County, New Jersey, in the New York City Metropolitan Area. The first phase of the five-story complex is scheduled to open in Autumn 2013 and the...
– East Rutherford, New JerseyEast Rutherford, New JerseyEast Rutherford is a borough in Bergen County, New Jersey. As of the 2010 United States Census, the borough population was 8,913. It is an inner-ring suburb of New York City, located west of Midtown Manhattan.... - Tewksbury MillsTewksbury MillsTewksbury Mills is a proposed mall that was proposed a few years ago by the Mills Corporation. It is to be around a millions square feet and contain two skating rinks.-Information:...
– Tewksbury, MassachusettsTewksbury, MassachusettsTewksbury is a town in Middlesex County, Massachusetts, United States. The population was 28,961 at the 2010 census.- History :Tewksbury was first settled in 1637 and was officially incorporated in 1734 from Billerica. Like Tewksbury Township, New Jersey, it is named after the town of Tewkesbury,...
(has never been built) - Potomac Town Center – Woodbridge, VirginiaWoodbridge, Virginia-Demographics:As of the census of 2000, there were 31,941 people, 10,687 households, and 7,769 families residing in the CDP. The population density was 3,047.8 people per square mile . There were 11,026 housing units at an average density of 1,052.1/sq mi...