Plano's Shops at Willow Bend part of seven mall salePlano's Shops at Willow Bend part of seven mall salehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=38042014-06-27T08:13:00Z2014-06-25T00:00:00Z

PLANO - The 1.38 million-sf Shops at Willow Bend mall is being sold in a portfolio buy to investor Starwood Capital Group.

Starwood Retail Partners will pay $785 million cash and assume or repay $620 million of debt in the deal expected to close in fourth quarter.

Major tenants include Neiman Marcus, Dillard’s, Macy’s and Crate & Barrel.

The Plano mall is one of seven shopping centers around the country that Starwood is acquiring from Michigan-based Taubman Centers Inc.

Dallas Morning News
Dallas-Fort Worth-Arlington
http://bizbeatblog.dallasnews.com/2014/06/planos-shops-at-willow-bend-mall-is-changing-hands.html/Read more at {Source}

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