In a move that should resolve a decade-long development battle, Simon Property Group bought a 39-acre land site in Syosset from rival Taubman Centers, Bloomberg reports. The sale was part of two transactions, including Simon's purchase of Arizona Mills in Tempe, valued at roughly $300 milllion. Taubman has been trying to build an upscale enclosed
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.