Simon Moves To Give Up Philadelphia Mall: Retail real estate investment trust Simon Property Group is working with lenders to turn the title over to its 1.21 million-square-foot Philadelphia Mills Mall rather than pay off debt that was set to come due this month.
Simon Moves To Give Up Philadelphia Mall, Canceled Deal Could Signal Fatigue, Relocation Plans Spell Trouble for DC Office Loan
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CoStar News
June 20, 2024 | 2:10 P.M.
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IN THIS ARTICLE
- Properties
- Three Lafayette Centre
1155 21st St, Washington, DC
- Patriots Plaza III
355 E St, Washington, DC
- Franklin Mall
1455 Franklin Mills Cir, Philadelphia, PA
- Companies
- Simon Property Group, Inc.
Real Estate
- GIC Real Estate
Finance and Insurance