General Growth Properties Growing in Wrong Direction

The Natick Collection, Faneuil Hall, and Providence Place, all owned by General Growth Properties, are (as we noted in May) apparently growing in the wrong direction--or not growing at all. The company, based in Chicago, has nearly $1 billion in debt that it must refinance soon; if that's not possible, it'll be bye bye Natick et al. Wherever will we shop?

Comments (1) [rss]

[1] | cd rates

I personally don't the big type malls like Natick has. I prefer mom and pop myself.

Reply | November 5, 2009 1:28 PM

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