Login

Regional Mall, Adjacent Hotel in North Texas Handed Back to Lender

MetLife Investment Management Assumes Control of Galleria Dallas, Westin Galleria Dallas

The 448-room Westin Galleria Dallas helps anchor the Galleria Dallas, a 1.4 million-square-foot regional shopping mall. Both properties were given back to the lender, an affiliate of Metropolitan Life Insurance. (Anthony Frazier/CoStar)
The 448-room Westin Galleria Dallas helps anchor the Galleria Dallas, a 1.4 million-square-foot regional shopping mall. Both properties were given back to the lender, an affiliate of Metropolitan Life Insurance. (Anthony Frazier/CoStar)

A global real estate investor has returned to a lender one of Dallas' sprawling malls and an adjacent Westin hotel in the latest sign of the struggles of large shopping centers as consumer preferences continue to shift to buying goods online.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In