General Growth Properties Company Description
General Growth Properties is a major player in the retail real estate sector. The real estate investment trust (REIT) is the second-largest owner/operator of malls in the US, behind Simon Property Group. It owns or operates more than 200 shopping malls in 44 states, encompassing about 200 million sq. ft. of space and housing retail tenants such as J. C. Penney, Sears, and Old Navy. Its merger with The Rouse Company gave it entree into the master-planned community business. General Growth also owns office, mixed-use, and industrial buildings, and it manages additional holdings for institutional owners. The founding Bucksbaum family owns about 25% of the company.
View the Comprehensive Company Description for General Growth Properties
The Company Description provides a historical perspective of General Growth Properties's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of General Growth Properties's evolution in the marketplace.
