Simon Property Group
Simon Property Group Terminates $3.6B Taubman Agreement
INDIANAPOLIS, June 10, 2020 – Simon Property Group, Inc. (NYSE: SPG) (“Simon”) today announced that it has exercised its contractual rights to terminate its February 9, 2020 merger agreement (the “Merger...
Northgate Neighborhood Sees Multiple Large-Scale Residential Projects Clear Design Review
By Meghan Hall The end of 2019 proved to be a big season for project approvals for developers in the up-and-coming Northgate neighborhood,...
Simon Property Group to Acquire Taubman Centers, Inc.
INDIANAPOLIS and BLOOMFIELD HILLS, Mich., Feb. 10, 2020 — Simon Property Group, Inc. (NYSE: SPG) (“Simon”) and Taubman Centers, Inc. (NYSE: TCO) (“Taubman”) today announced that they have entered into...
Equity Residential Buys Seattle’s Lane Apartments for $85MM
By Meghan Hall Chicago-based Equity Residential continues to invest heavily in core Seattle assets and has closed on another deal to round out...
Fortress Investment Group Spends $11.3MM to Acquire 4.87-Acre Safeway Property in Everett
By Jack Stubbs In late June 2019, in a transaction that was recently recorded, New York-based global investment management firm Fortress Investment Group...
Healthcare Realty Spends $30.5MM to Acquire 78,173SQFT Office Property Across from Northgate Mall in Seattle
By Jack Stubbs An up-and-coming area where developers and investors are looking to put down roots in the expanding area roughly seven miles...
Simon Property Group Receives Positive Feedback on Most Recent Plans for Northgate Mall Redevelopment at Third REC Meeting
By Jack Stubbs Northgate—a neighborhood in North Seattle, roughly seven miles north of the city’s Central Business District—has in recent months been garnering...
72-Unit 205 Apartments in Shoreline Sells for $21MM at Time of Change for Growing Region
By Jack Stubbs Roughly two months after selling the 230-Unit Altia Townhomes and Apartments in Lynnwood for $58 million to California-based FSC Realty,...
Northgate Mall Streetscape and Public Space Review Receives Approval, Review Board Glosses Over Finer Project Details
By Meghan Hall and Vladimir Bosanac Northgate Mall owner Simon Property Group has already been through several design review meetings to procure master...
39-Unit Raleigh Manor Apartments in Seattle’s Pinehurst Neighborhood Sells for $12.3MM During Active Period in North Seattle
By Jack Stubbs On Friday, February 8th, The Raleigh Manor Apartments in Seattle’s Pinehurst neighborhood—roughly eight miles north of the city’s downtown core—sold...
Simon Properties Secures Design Approval for 986 Residential Units as Part of Seattle’s Northgate Mall Overhaul
By Meghan Hall The revitalization of Seattle’s Northgate Mall is slowly making progress, as the phased development requires four separate master use permits...
Seattle Housing Authority Acquires the 69-Unit Spring Lake Apartments in North Seattle for $15MM
By Jack Stubbs As part of its mission to increase the inventory of affordable housing in Seattle, the Seattle Housing Authority (SHA)...
