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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
02/10/201611:16:43Amended Statement of Ownership (sc 13g/a)
02/03/201616:01:00General Growth Properties CEO Sandeep Mathrani Clarifies Statement...
02/02/201619:10:00Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO...
02/02/201617:54:00Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO...
02/02/201617:49:00Correction to article about Amazon plans for more bookstores
02/02/201617:40:00Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO...
02/01/201617:00:00General Growth Properties Raises Full-Year FFO Projection
02/01/201616:03:01Current Report Filing (8-k)
02/01/201616:01:00GGP Reports Full Year 2015 Results, and Declares First Quarter...
01/26/201614:13:23Amended Statement of Ownership (sc 13g/a)
01/19/201616:01:00General Growth Properties Announces Tax Reporting Information...
01/08/201608:00:00Mobiquity Networks Partners With GGP in Mall Network Expansion...
01/06/201617:21:11Statement of Changes in Beneficial Ownership (4)
01/06/201617:14:09Statement of Changes in Beneficial Ownership (4)
01/06/201617:05:22Statement of Changes in Beneficial Ownership (4)
01/06/201616:55:25Statement of Changes in Beneficial Ownership (4)
01/06/201616:48:27Statement of Changes in Beneficial Ownership (4)
12/28/201516:02:01Statement of Changes in Beneficial Ownership (4)
12/22/201516:52:49Statement of Changes in Beneficial Ownership (4)
12/21/201516:53:24Statement of Changes in Beneficial Ownership (4)

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