Simon Property Group

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ARTICLES

Tenacity helped seal David Simon’s latest mega-deal

Just five days after Simon Property Group spun off its strip centers and smaller malls into Washington Prime Group, executives began plotting a multibillion-dollar acquisition.
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Simon headquarters repairs spur blame game

Simon Property Group Inc.’s downtown headquarters is showing signs of structural damage, and building contractor Duke Construction Limited Partnership blames the problems on design flaws by CSO Architects Inc.
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City, Simon strike deal to keep Circle Centre anchor

Under terms of the deal, Carson Pirie Scott will save $300,000 annually through the next three years under a rent reduction at the downtown store.
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Simon discloses stake in shopping-mall owner Macerich

Indianapolis-based Simon Property Group Inc. said it has accumulated a 3.6-percent stake in shopping mall rival Macerich Co. and wants to buy more shares.
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Sources: Simon eyeing Anson for outlet mall

The Indianapolis-based mall developer is planning to build on 50 acres near Interstate 65 and Whitestown Parkway in Boone County, sources say, and could have a deal finalized early next year.
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Simon Property stock continues to defy drumbeat of doom

Since David Simon became CEO in 1995, Simon Property shares have posted a total return of 2,150 percent—a dazzling run extending nearly two decades.
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Washington Prime reports profit in first full quarter

The shopping center company, which was spun off from Simon Property Group Inc. in May, earned $38.8 million, or 21 cents per share, in the third quarter.
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Circle Centre bulking up street-side dining

Two more restaurants are set to join Yard House in vacant Circle Centre mall space along Maryland Street.
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Simon profit dips but outlook improves

Simon Property Group Inc. on Wednesday said its third-quarter profit fell due to recent costs related to refinancing its debt, but that otherwise performance for the quarter was strong.
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Shopping malls brace for wave of consolidation

There's a hunger in the retail industry for lower-tier, "B" shopping centers, seen as a bargain by potential owners. A $4.3 billion deal in the works involving a Simon Property Group spinoff could trigger more transactions.
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