Brookfield to pay $15B for 125 mallsBrookfield to pay $15B for 125 mallshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=196042018-04-05T05:00:00Z2018-04-05T19:00:00Z

​GREATER HOUSTON – GGP Inc., which owns five Houston-area malls, has agreed to be acquired by Brookfield Property Partners LP.

GGP owns about 125 high-end malls across the country, including:

  • Friendswood: ​Baybrook Mall;
  • Humble: Deerbrook Mall;
  • Northwest Houston: Willowbrook Mall;
  • Sugar Land: First Colony Mall; and
  • The Woodlands: The Woodlands Mall.

The deal is worth nearly $15 billion, and is expected to close early in third quarter 2018. 

Houston Business Journal
Houston-The Woodlands-Sugar Land
https://www.bizjournals.com/houston/news/2018/03/27/brookfield-to-buy-remainder-of-ggp-owner-of-5.html Read the full article at the {Source}

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