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General Growth Under Contract To Buy St. Louis Trophy Mall

A.D. Pruitt Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- General Growth Properties, Inc. (GGP) said Tuesday it is under contract to buy Plaza Frontenac, a 500,000-square-foot luxury mall in St. Louis. The property, built in 1974, had been put on the block by Perlmutter Investment Co.'s Davis Street Land Co. and Verizon Communications Inc.'s (VZ) pension fund. General Growth's chief executive, Sandeep Mathrani, said during the company's earnings call that it plans to pursue a joint venture with an institutional investor for the mall. General Growth, the nation's second-largest mall owner behind Simon Property Group Inc. (SPG), owns and has a management interest in 166 malls in 43 states. The company's portfolio totals 169 million square feet of space. -By A.D. Pruitt, Dow Jones Newswires; 212-416-2197; angela.pruitt@dowjones.com

Stock News for General Growth Properties (GGP)
DateTimeHeadline
09/28/201603:02:00Rescue Tests Mall Owners -- WSJ
09/27/201606:20:00Mall Owners Go on Defensive to Rescue Aé ropostale
09/27/201605:59:00Mall Owners Go on Defensive to Rescue Aéropostale
09/23/201616:01:00General Growth Properties Schedules Third Quarter 2016 Earnings...
09/15/201619:12:00Aéropostale Consortium Finalizes Acquisition
09/12/201616:01:00General Growth Properties to Present at Bank of America Merrill...
09/08/201618:13:30Statement of Changes in Beneficial Ownership (4)
09/07/201616:01:00General Growth Properties to Participate in Panel Discussion...
09/02/201600:38:00Teen Retailer Aeropostale Avoids Bankruptcy Liquidation -- Update
09/01/201623:41:00Teen Retailer Aeropostale Avoids Bankruptcy Liquidation
08/30/201618:10:00Consortium Submits Bid to Save 229 Aé ropostale Stores
08/23/201616:44:37Amended Statement of Beneficial Ownership (sc 13d/a)
08/22/201616:04:10Statement of Changes in Beneficial Ownership (4)
08/22/201616:02:50Amended Statement of Beneficial Ownership (sc 13d/a)
08/22/201609:23:32Initial Statement of Beneficial Ownership (3)
08/22/201609:22:36Statement of Changes in Beneficial Ownership (4)
08/22/201609:16:56Amended Statement of Beneficial Ownership (sc 13d/a)
08/18/201617:38:55Statement of Changes in Beneficial Ownership (4)
08/08/201616:45:26Statement of Changes in Beneficial Ownership (4)
08/08/201616:29:07Statement of Changes in Beneficial Ownership (4)

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