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CenterMark Properties

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Spigel has an option to buy the Famous-Barr store at Northland from its owner, May Department Stores Co. of St. Louis. Spigel Properties President Stanley Spigel said he will exercise that option. But Jim Abrams, a spokesman for May Co., added Wednesday that the Famous at Northland will remain open until October 1993, when a new Famous is set to open at Jamestown Mall in far north St. Louis County.
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The May Co. at 12:30 p.m. today will open its new Crenshaw store, Crenshaw Blvd and Santa Barbara Ave., in a three-story building of contemporary design with the emphasis on architectural simplicity. The building, 324 by 207 feet, provides almost six acres of floor space, for sales and service, May
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At the time of the sale, CenterMark had owned or had interest in 19 malls or shopping centers in six states. In 1996, General Growth sold its share to Westfield, which enabled Westfield to add these properties to its existing collection of properties and rebrand all of their new acquisitions to the
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Laurel Plaza, May Co.'s shopping center, is scheduled for opening today at Laurel Canyon and Oxnard St. The 600,000 square foot shopping center is completely enclosed and air conditioned. Besides the May Co. store, it has 30 specialty and high fashion shops, an ice skating rink, restaurants, snack
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During the mid-1980s, the May Department Stores noticed that their company's stock was vastly undervalued and that the company was at risk of becoming a hostile takeover target, May Department Stores needed to re-purchase some of its company's stock to increase the share price. To accomplish this,
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The majority of the properties that were initially developed by May had become very successful and had become a part of Westfield and remain so as of January 2016. However, not all of the original May properties were sold to Westfield and a few properties that Westfield purchased were later sold.
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A retail redeveloper from Texas has bought Northland Shopping Center in Jennings with plans to convert the property into a discount center. The buyer, Spigel Properties of San Antonio, closed the deal late Wednesday with CenterMark Properties of St. Louis. Terms were not disclosed... Separately,
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In 1988, May Centers almost sold La Jolla Village Square to T&S Development, but the deal fell apart at the last minute. Four years later, May Centers was finally able to sell La Jolla Village Square to Gordon/Beck Ventures in 1992 after a number of years of trying to locate a buyer for this
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Executives of St. Louis department stores and public officials toured the eight acres of Famous-Barr Co.'s new Northland branch store last night in a preview showing of the modern structure at Lucas-Hunt road and West Florissant avenue, Jennings. The store, its three upper levels faced with red
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Laurel Plaza is a special case. At the time of the sale of May Centers, Laurel Plaza also housed the headquarters for May Company California in addition to a regional store, so May Department Stores retained this property. May was trying to enlarge this mall in 1988. Because of damage incurred
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brick, is the center of a $ 12,000,000 shopping center, which will serve the rapidly-growing population of north St. Louis county. Shelves and display cases on all floors, including the basement of the store, were filled with merchandise in readiness for the store's opening at noon tomorrow.
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The company previously developed malls under the name May Centers, Inc., which was then a subsidiary of the May Department Stores Company. The first shopping center that May Department Stores developed was an open-air shopping center that first opened in 1947 that later became the
806:"May Stores Stock Purchased The May Department Stores Company, which has been a rumored takeover target, said the Crown Books Corporation and certain affiliates had purchased fewer than 1% of May's common shares. James Abrams, vice president for corporate communications, said 317:
along with some other U.S. Westfield properties were sold to Centennial Real Estate Company, and "Westfield" was removed from the mall's name. Any other references to Westfield online or at the property were removed the same day. Mall management was retained.
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Under May Department Stores ownership, the company obtained new retail projects only by creating them on previously undeveloped land. Under successive owners, the company did not develop any new properties nor purchase any new properties from other owners.
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in which the insurance company gave May $ 550 million in exchange for 50% ownership of May Centers in 1988. In 1992, Prudential purchased the rest of May Centers and renamed the company CenterMark.
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The $ 10-million, 212,000-square-foot La Jolla Village Mall has been completed. May Co. has opened a two-story, 173,000-square-foot department store... designed by Charles Kober and Associates.
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In July 1992, May Centers as the newly renamed CenterMark, sold the ailing Northland Shopping Center in Missouri to San Antonio-based Spigel Properties for an undisclosed amount.
1142: 805: 855:"Making Over Topanga Plaza : Retail: The successful Woodland Hills center undergoes a $ 45-million renovation now rather than suffer a possible dip in sales" 1031:"Developer Plans Major Renovation of La Jolla Village Mall : Shopping: $ 50-million project will shift the center's emphasis toward discount retailing" 874: 1166: 1143:"Australian Firm To Buy a Half Billion in Westfield Malls: Centro Watt Enters Mall Business; US Platform Positioned To Continue Growth" 1341: 1336: 1152: 899: 237: 164: 519: 1206: 772:
May Shopping Centers was established last month as a wholly owned real estate subsidiary of the May Department Stores Co.
785: 1227: 280:. St. Clair Square was sold in 1996. Mid-Rivers Mall, South County Center, and West County Center were sold in 2007. 168: 127: 210:
In 1958, May Department Stores formed a subsidiary to handle their shopping center development which they called
299:, and Westland Towne Centre. Economically, these locations were not performing as well as they should. In 2012, 1351: 277: 988: 429: 1228:"Vancouver Mall gets a new owner, old name: In $ 1.1 billion deal, shopping center is again Vancouver Mall" 185: 919: 463: 17: 1051: 1030: 964: 940: 854: 658: 1126: 1106: 1009: 830: 561: 263: 1121: 537: 515: 229: 196: 160: 139: 1101: 1346: 629: 494: 1211: 1078: 619: 585: 547: 449: 433: 423: 241: 533: 353: 284: 189: 595: 498: 490: 233: 1190: 879: 551: 505: 484: 474: 453: 443: 405: 218: 172: 133: 8: 696:
Co. officials pointed out last night as final preparations were made for today's opening.
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In November 2015, Westfield sold Westfield Carlsbad, formerly Plaza Camino Real, to
557: 419: 409: 307: 288: 225: 159:, was a mall development company owned by a consortium of Westfield Holdings Ltd., 266:, May and its successor Macy's were unable to dispose of the property until 2014. 1185: 1072: 945: 480: 385: 143: 107: 1307: 1270: 699: 188:
in Los Angeles. This shopping center grew around the second branch store of the
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A few years later, the May Department Stores built and opened in 1955 the
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they needed to obtain cash quickly, which they did by making a deal with
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We don't know of any interest by Crown to purchase more of May's shares.
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The following year Prudential sold CenterMark to a consortium headed by
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Westfield sold most of its St. Louis-area malls to Chattanooga-based
1314: 1277: 706: 342: 203:, to house one of their first suburban branch stores for their 920:"Prudential Selling Its Interest in 19 Malls, 9 in Southland" 253:
Fate of some of the former May Centers/CenterMark properties
1186:"Progress continues with Isle of Capri casino construction" 831:"$ 550-Million Deal to Help May Stores Fend Off Takeovers" 1167:"$ 240Mln Mall-Portfolio Loan Moved to Special Servicing" 989:"Laurel Plaza shopping center in North Hollywood is sold" 283:
In 2006, Westfield sold four former May Center malls to
1010:"La Jolla Village Square Being Sold; Expansion Planned" 965:"N. Hollywood Partnership Buying Land for Huge Mall" 659:"David May II; Scion Helped Family Store Chain Grow" 377:Some of the malls that May Centers built included: 1290: 1254: 1071: 755: 719: 678: 982: 980: 958: 956: 1328: 1122:"CBL closes on $ 1B purchase of four area malls" 671: 456:(opened 1979; sold 1992 to Gordon/Beck Ventures) 1102:"Chattanooga developer buying St. Clair Square" 1052:"AMC Planning 12-Plex Theater at La Jolla Mall" 848: 846: 1198: 1159: 1114: 1094: 1064: 977: 953: 1283: 1247: 1043: 1022: 1001: 912: 891: 291:. These properties include Eagle Rock Plaza, 1177: 1134: 932: 843: 822: 798: 777: 766:. December 18, 1958. p. 88 – via 748: 680:"New May Co. Crenshaw Store Will Open Today" 650: 689:. October 10, 1947. p. A1 – via 192:division that opened on this site in 1947. 1140: 240:, an investment partnership operated by 1204: 1082:. July 9, 1992. p. 1B – via 986: 852: 783: 656: 27:Former American shopping mall developer 14: 1329: 1292:"Laurel Plaza Shop Center Opens Today" 1225: 1183: 938: 883:. May 3, 1992. p. 1D – via 828: 303:was hired to manage these properties. 1049: 1028: 1007: 897: 721:"Famous-Barr shows its new Northland" 238:Whitehall Street Real Estate L.P. III 165:Whitehall Street Real Estate L.P. III 1226:Oliver, Gordon (December 18, 2015). 962: 520:Buzz Westfall Plaza on the Boulevard 325: 1205:Showley, Roger (November 4, 2015). 987:Vincent, Roger (January 12, 2014). 875:"May Centers now called CenterMark" 853:Apodaca, Patrice (August 4, 1992). 657:Folkart, Burt A. (April 23, 1992). 321: 24: 1184:Miller, Melissa (April 30, 2012). 898:Mills, Joshua (November 4, 1993). 784:Barmash, Isadore (July 20, 1984). 232:and also included Australia-based 25: 1363: 1265:. November 4, 1979. p. H27. 1207:"Westfield selling Carlsbad mall" 1141:Heschmeyer, Mark (May 11, 2006). 1073:"Texas Discounter Buys Northland" 939:Ziemba, Stanley (June 29, 1996). 900:"Prudential Will Sell Centermark" 829:Keppel, Bruce (August 18, 1988). 301:Madison Marquette Retail Services 169:The May Department Stores Company 128:The May Department Stores Company 1342:Companies disestablished in 1996 1337:Shopping center management firms 330: 1219: 1008:Kraul, Chris (March 30, 1988). 278:CBL & Associates Properties 167:. And it was formerly owned by 1304:facilities and a central mall. 1301:. March 7, 1968. p. sf6. 1050:Kraul, Chris (July 21, 1992). 1029:Kraul, Chris (June 30, 1992). 867: 728:. August 18, 1955. pp. 3A 712: 345:format but may read better as 13: 1: 1171:Commercial Real Estate Direct 643: 963:Pyle, Amy (April 29, 1988). 941:"General Growth Sells Stake" 186:Baldwin Hills Crenshaw Plaza 39:May Centers, Inc (1947-1992) 7: 464:North Hollywood, California 207:department store division. 99:Acquired by Westfield Group 83:; 28 years ago 65:; 77 years ago 10: 1368: 1127:St. Louis Business Journal 1107:St. Louis Business Journal 562:Fairview Heights, Illinois 264:1994 Northridge earthquake 212:May Shopping Centers, Inc. 178: 1256:"La Jolla Mall Completed" 612:West Covina Fashion Place 538:National City, California 516:Northland Shopping Center 230:General Growth Properties 197:Northland Shopping Center 161:General Growth Properties 140:General Growth Properties 121: 113: 103: 95: 77: 59: 51: 43: 35: 786:"May Stores As A Target" 709:(subscription required). 630:Cape Girardeau, Missouri 495:Westfield Mission Valley 466:(opened 1968; sold 2014) 242:Goldman, Sachs & Co. 1311:(subscription required) 1274:(subscription required) 1212:San Diego Union-Tribune 1079:St. Louis Post-Dispatch 726:St. Louis Post-Dispatch 703:(subscription required) 620:West Covina, California 586:Canoga Park, California 548:The Shoppes at Carlsbad 450:La Jolla Village Square 434:West Covina, California 424:Los Angeles, California 354:converting this article 289:Centro Properties Group 234:Westfield Holdings Ltd. 757:"May Shopping Centers" 534:Westfield Plaza Bonita 313:On December 18, 2015, 190:May Company California 1352:May Department Stores 596:Vancouver, Washington 504:Montgomery Mall (now 499:San Diego, California 491:Mission Valley Center 270:particular property. 1191:Southeast Missourian 880:Southeast Missourian 552:Carlsbad, California 506:Westfield Montgomery 485:St. Peters, Missouri 475:Meriden, Connecticut 469:Meriden Square (now 454:La Jolla, California 444:Enfield, Connecticut 406:Ballston Common Mall 219:Prudential Insurance 173:Prudential Insurance 155:, formerly known as 134:Prudential Insurance 1130:. October 17, 2007. 1110:. November 3, 1996. 928:. November 4, 1993. 818:. February 2, 1985. 606:Des Peres, Missouri 572:St. Louis, Missouri 568:South County Center 414:Arlington, Virginia 400:Annapolis, Maryland 396:Westfield Annapolis 32: 637:Lakewood, Colorado 602:West County Center 524:Jennings, Missouri 510:Bethesda, Maryland 356:, if appropriate. 201:Jennings, Missouri 30: 1298:Los Angeles Times 1262:Los Angeles Times 1057:Los Angeles Times 1036:Los Angeles Times 1015:Los Angeles Times 994:Los Angeles Times 970:Los Angeles Times 925:Los Angeles Times 860:Los Angeles Times 836:Los Angeles Times 763:Los Angeles Times 686:Los Angeles Times 664:Los Angeles Times 635:Westland Center, 616:Plaza West Covina 582:Westfield Topanga 544:Plaza Camino Real 471:Westfield Meriden 382:Alton Square Mall 375: 374: 245:Westfield brand. 150: 149: 16:(Redirected from 1359: 1318: 1312: 1306: 1294: 1287: 1281: 1275: 1269: 1258: 1251: 1245: 1244: 1242: 1240: 1223: 1217: 1216: 1202: 1196: 1195: 1181: 1175: 1174: 1163: 1157: 1156: 1151:. 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Index

May Centers
Westfield Group
Parent
The May Department Stores Company
Prudential Insurance
General Growth Properties
Westfield Group
General Growth Properties
Whitehall Street Real Estate L.P. III
The May Department Stores Company
Prudential Insurance
Baldwin Hills Crenshaw Plaza
May Company California
Northland Shopping Center
Jennings, Missouri
Famous-Barr
Prudential Insurance
Des Moines
General Growth Properties
Westfield Holdings Ltd.
Whitehall Street Real Estate L.P. III
Goldman, Sachs & Co.
1994 Northridge earthquake
CBL & Associates Properties
Centro Watt
Centro Properties Group
Enfield Square
West Park Mall
Madison Marquette Retail Services
Rouse Properties

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