Simon Property Group may merge

February 18, 2010

The owner of Cordova Mall and the dilapidated, nearly abandoned University Mall is in merger talks with General Growth Properties. This may get something to happen at the old mall on Davis Highway. Read more.

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  • B Abrams February 19, 2010 at 6:45 pm

    I really like Clarry Ellis’ thinking.
    However, what do you do with the 60% completed county “all-in-one” building now under construction.
    And what is this “nearly abandoned University Mall”
    Nearly? it is abandoned.
    Sears, JC Penney and McRaes (Belks) are the only stores that are open. The mall itself is abandoned.
    BTW, those three anchor stores own their land and buildings, they do not lease from Simon, not even parking space.

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