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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
244:
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
742:
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.
1267:
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.
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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"
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1143:"Australian Firm To Buy a Half Billion in Westfield Malls: Centro Watt Enters Mall Business; US Platform Positioned To Continue Growth"
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May Shopping Centers was established last month as a wholly owned real estate subsidiary of the May Department Stores Co.
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280:. St. Clair Square was sold in 1996. Mid-Rivers Mall, South County Center, and West County Center were sold in 2007.
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In 1958, May Department Stores formed a subsidiary to handle their shopping center development which they called
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1228:"Vancouver Mall gets a new owner, old name: In $ 1.1 billion deal, shopping center is again Vancouver Mall"
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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
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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
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920:"Prudential Selling Its Interest in 19 Malls, 9 in Southland"
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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"
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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:
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1122:"CBL closes on $ 1B purchase of four area malls"
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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"
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291:. These properties include Eagle Rock Plaza,
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766:. December 18, 1958. p. 88 – via
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680:"New May Co. Crenshaw Store Will Open Today"
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689:. October 10, 1947. p. A1 – via
192:division that opened on this site in 1947.
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240:, an investment partnership operated by
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1082:. July 9, 1992. p. 1B – via
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27:Former American shopping mall developer
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1292:"Laurel Plaza Shop Center Opens Today"
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883:. May 3, 1992. p. 1D – via
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303:was hired to manage these properties.
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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:
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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:
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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).
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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:
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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
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113:
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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:
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245:Westfield brand.
150:
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16:(Redirected from
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1151:. Archived from
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558:St. Clair Square
420:Eagle Rock Plaza
410:Ballston Quarter
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352:You can help by
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322:List of projects
308:Rouse Properties
171:until 1992, and
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55:Mall Development
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1173:. May 27, 2014.
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622:(reopened 1975)
481:Mid Rivers Mall
430:Eastland Center
416:(reopened 1986)
386:Alton, Illinois
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144:Westfield Group
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1308:Alternate Link
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1271:Alternate Link
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1155:on 2016-02-07.
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905:New York Times
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815:New York Times
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791:New York Times
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768:Newspapers.com
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738:Newspapers.com
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700:Alternate Link
691:Newspapers.com
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626:West Park Mall
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592:Vancouver Mall
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440:Enfield Square
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392:Annapolis Mall
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315:Vancouver Mall
297:West Park Mall
293:Enfield Square
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639:(opened 1960)
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632:(opened 1981)
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608:(opened 1969)
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598:(opened 1977)
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578:Topanga Plaza
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574:(opened 1963)
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564:(opened 1974)
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540:(opened 1981)
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402:(opened 1980)
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388:(opened 1978)
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1237:. Retrieved
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1153:the original
1148:CoStar Group
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736:– via
730:. Retrieved
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530:Plaza Bonita
460:Laurel Plaza
376:
366:January 2019
363:
358:Editing help
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132:
44:Company type
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