Latest In: Simon Property Group

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JCPenney Eyes $1.75 Billion Purchase By Brookfield And Simon Property

J.C. Penney Company has entered an agreement in principle to sell JCPenney to Brookfield Property Partners and Simon…

News September 10
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Lucky Brand To Exit Bankruptcy With $191.6 Million Sale To SPARC

On August 12, the purchase of Lucky Brand to the SPARC Group LLC, the stalking horse bidder when…

News August 14
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Simon Malls-Authentic Brands Venture Buys Brooks Brothers For $325 Million

In a deal that will keep at least 125 Brooks Brothers stores open, a venture capital firm backed…

News August 13
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WSJ Report: Amazon And Simon In Talks To Turn Vacant Mall Anchors Into DCs

Space vacated by JCPenney, Sears and other anchor retailers in Simon Property Group malls could be turned into…

News August 10
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Brooks Brothers Receives $305 Million ‘Stalking Horse’ Bid

With its $305 million “stalking horse” bid, SPARC Group LLC (SPARC) has raised the possibility that Brooks Brothers…

News July 24
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In Bankruptcy Filing, Lucky Brand Proposes Sale To Authentic Brands And Simon Property Group

Lucky Brand has negotiated a two-pronged primary asset purchase agreement, also known as a “stalking horse” bid, to…

News July 6
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Report: Brookfield Sues Gap Over Unpaid Rent While Seeking Debt Relief Itself

Major malls and the retailers within them have suffered financial devastation for months as COVID-19 shutdowns prevented them…

News June 22
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Simon Calls Off Merger With Taubman, Citing Impact Of COVID-19

Simon Property Group has terminated its proposed merger agreement with Taubman Centers. Simon also has filed an action…

News June 10
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JCPenney Identifies 154 Stores Slated For Permanent Shutdown

On June 12, JCPenney will begin permanent closures of 154 stores, “following a comprehensive evaluation of its retail…

News June 8
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