Washington Prime Group/O'Connor Mall Partners $600 million joint venture

3/11/2016
Joint venture

$ 600 million

Announced

3/11/2016


Overview:

  • Real estate investment trust (REIT) Washington Prime Group has entered into a $600 million joint venture with O'Connor Capital Partners.
  • The venture concerns ownership of seven open-air retail properties that had perviously been entirely owned by WPG.
  • The properties are spread out across the US.
  • The deal is expected to close in the first quarter of 2017.

Kurt Stumpo - Journalist

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