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

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