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General Motors Company (GM) is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick. By terms of sales, it was the largest automaker in the United States in 2022, and was the largest in the world for 77 years before losing the top spot to Toyota in 2008.
Brookfield Properties is a North American subsidiary of commercial real estate company Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Asset Management. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings. Brookfield Properties acquired General Growth Properties, one of the largest mall operators in the U.S., and merged it into Brookfield Properties in 2018.
GGP Inc. was an American commercial real estate company and the second-largest shopping mall operator in the United States. It was founded by brothers Martin, Matthew and Maurice Bucksbaum in Cedar Rapids, Iowa, in 1954, and was headquartered in Chicago, Illinois, from 2000. It was subject to the largest real estate bankruptcy in American history at the time of its filing in 2009.
The Rouse Company, founded by Hunter Moss and James W. Rouse in 1939, was a publicly held shopping mall and community developer from 1956 until 2004, when General Growth Properties (GGP) purchased the company.
PREIT is a privately held company that owns and develops shopping centers, mostly in the Mid-Atlantic states. The company was formerly known as Pennsylvania Real Estate Investment Trust.
BXP, Inc. is a publicly traded real estate investment trust that invests in premier workplaces in Boston, Los Angeles, New York City, San Francisco, Seattle, and Washington, D.C. As of December 31, 2023, the company owned or had interests in 188 commercial real estate properties, aggregating approximately 53.3 million net rentable square feet.
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties as of 2021.
Lindale Mall is an enclosed regional shopping mall on the northeast side of Cedar Rapids, Iowa, United States.
Taubman Centers, Inc. is an American real estate investment trust headquartered in Bloomfield Hills, Michigan. The company invests in shopping centers, and is a subsidiary of Simon Property Group since 2020.
Castleton Square is an enclosed shopping mall in the Castleton neighborhood on the northeastern side of Indianapolis, Indiana, United States. Built by Edward J. DeBartolo Corporation and Homart Development Company in 1972, it is owned and managed by Simon Property Group. It is the largest mall in the state of Indiana, and has remained so since its construction. The center's original anchor stores were JCPenney, Sears, Lazarus, and Woolworth. Expansions in 1990 and 1998 added to the total number of anchor and inline stores, while also adding a food court. The anchor stores are JCPenney, Forever 21, H&M, AMC Theatres, Dick's Sporting Goods, Macy's, and Von Maur; the former location of Sears has been vacant since 2018. Overall, Castleton Square consists of over 130 inline stores.
Edward John DeBartolo Sr. was an American businessman. In 1971, his Ohio-based corporation was ranked as 47th among the nation's top 400 construction contractors. In 1983, DeBartolo was included on Forbes magazine's first Forbes 400 list of richest Americans.
Disque D. Deane was a prominent American financier and investor. He was the founder of, and a general partner in Starrett City Associates, which owned Starrett City in Brooklyn. Deane was at one time a partner at Lazard, the investment bank, where he revolutionized corporate finance by pioneering sale-leaseback transactions.
Equity Residential is a United States-based publicly traded real estate investment trust that invests in apartments.
The General Motors Building is a 50-story, 705 ft (215 m) office tower at 767 Fifth Avenue at Grand Army Plaza on the southeast corner of Central Park, in Manhattan, New York City. The building occupies an entire city block between Fifth Avenue, Madison Avenue, 59th Street, and 58th Street on the site of the former Savoy-Plaza Hotel. It was designed in the International Style by Edward Durell Stone & Associates with Emery Roth & Sons and completed in 1968.
Glimcher Realty Trust was a real estate investment trust based in Columbus, Ohio that invested in shopping malls. In 2015, the company was acquired by Washington Prime Group.
Primary Health Properties plc is a British-based real estate investment trust, specialising in the rental of flexible and modern primary healthcare facilities within the United Kingdom and Ireland. The company is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index
Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase.
Brookfield Property Partners L.P. is a global commercial real estate firm that is a publicly traded limited partnership and a subsidiary of Brookfield Asset Management, an alternative asset management company. Its portfolio includes properties in the office, multi-family residential, retail, hospitality, and logistics industries throughout North America, Europe, and Australia. Its subsidiary Brookfield Properties is responsible for the management of these facilities.
Donald Trump began his career as a businessman at his father's real estate company, Trump Management, which he later renamed the Trump Organization. He expanded its business to Manhattan, where his father's financial and political backing enabled him to do his first deals, demolishing and renovating landmark buildings. After overextending himself and narrowly escaping personal bankruptcy in the late 1990s, Trump entered various businesses that did not require capital funding, including licensing his name to lodging and golf course enterprises around the world. Building on his public persona in the New York tabloid press, he later starred in the reality TV show The Apprentice.
References
- 1 2 HYLTON, RICHARD D. (February 15, 1991). "Real Estate Group Buys G.M. Building" . The New York Times .
- ↑ MARTIN, DOUGLAS (January 5, 1982). "G.M. TO GET $500 MILLION FOR EDIFICE" . The New York Times.
- ↑ Henry, Diane (January 20, 1982). "The G.M. Building: A Rare Deal" . The New York Times.
- ↑ "Rouse Considers Acquiring Corporate Property Investors" . The Wall Street Journal . January 15, 1998.
- ↑ "Simon buys: Simon DeBartolo Group Inc. will buy Corporate". Chicago Tribune . February 19, 1998.
- ↑ BAGLI, CHARLES V. (February 20, 1998). "Simon DeBartolo Wins Fight For a Prime Group of Malls" . The New York Times .
- ↑ YARDLEY, JIM (May 31, 1998). "Trump Buying The Landmark G.M. Building" . The New York Times.