

Under the Simon DeBartolo name, the company continued to purchase retail property. Before the merger, DeBartolo Realty had been a major rival of the Simons in the development of shopping centers. Simon Property Group merged with DeBartolo Realty Corporation in 1996 and was renamed Simon DeBartolo Group. In 1993, Simon and Associates changed its name to Simon Property Group under the leadership of David Simon, Mel Simon’s son, when it also became a publicly-traded company. When it opened, it included 8 department stores, over 400 smaller shops, a seven-acre indoor amusement park, and a 1.2 million-gallon walk-through aquarium among its attractions. The company is also the managing partner in the Mall of America, which opened in 1992 in Bloomington, Minnesota as the largest retail, hotel, and entertainment complex in the United States. One of Simon’s major roles in this partnership was serving as the day-to-day manager of the facility. Its Indianapolis interests also included a public-private partnership with the city in Circle Centre Mall.

The company owns or has an interest in several Indianapolis centers, including Castleton Square Mall, The Fashion Mall at Keystone at the Crossing, and Greenwood Park Mall. Morbi eget turpis ut diam commodo congue id eu lacus.By the early 1990s, the Simon company was one of the largest and most successful developers of Shopping Centers in the country, owning and managing more than 147 centers in 30 states from its Indianapolis headquarters. Morbi eget turpis ut diam commodo congue id eu lacus.Ĭras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Cras sagittis arcu eu diam pharetra iaculis eget sit amet risus. Curabitur eget nulla vitae mi faucibus imperdiet. Ut vitae vulputate est, vel lacinia nisi. Nunc luctus nunc vel eros iaculis, vitae tristique ante fringilla. Aliquam scelerisque facilisis nisl ac varius. Vestibulum accumsan dignissim massa, eu scelerisque mi malesuada ut. Maecenas non leo lacinia, consectetur ipsum non, pretium augue. Lorem ipsum dolor sit amet, consectetur adipiscing elit. COVID | M&A In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs. As government restrictions have been lifted, Simon has been able to resume operations. Simon Property Group Inc (Simon) was impacted by the COVID-19 (coronavirus) pandemic, particularly in 2020 when government shutdown orders caused Simon’s domestic portfolio to lose approximately 13,500 shopping days in that year. Simon Property Group impacted by the COVID-19 pandemic Weyerhaeuser Company Market Share: x.x% To view all of Simon Property Group, inc.'s operating industries and competitors, see purchase options.pie_chart 52593 - Real Estate Investment Trusts in the US.New York Convention Center Operating Corporation Market Share: x.x% To view all of Simon Property Group, inc.'s operating industries and competitors, see purchase options.Market Share: x.x% To view all of Simon Property Group, inc.'s operating industries and competitors, see purchase options. pie_chart 53112 - Commercial Leasing in the US.Turner Construction Company Market Share: x.x% To view all of Simon Property Group, inc.'s operating industries and competitors, see purchase options.

Market Share: x.x% To view all of Simon Property Group, inc.'s operating industries and competitors, see purchase options lock
