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General Growth Properties is a major player in the retail real estate sector. The real estate investment trust (REIT) is the second-largest owner/operator of malls in the US, behind Simon Property Group. It owns or operates more than 200 shopping malls in 44 states, encompassing about 200 million sq. ft. of space and housing retail tenants such as J. C. Penney, Sears, and Old Navy. Its merger with The Rouse Company gave it entree into the master-planned community business. General Growth also owns office, mixed-use, and industrial buildings, and it manages additional holdings for institutional owners. The founding Bucksbaum family owns about 25% of the company.
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Address: |
110 N. Wacker Dr. Chicago, IL 60606
| | Phone: | 312-960-5000 | | Fax: | 312-960-5475 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2007): | 3261.80 M | | Revenue Growth (1 yr): | 0.20% | | Employees (2007): | 4,200 | | Employee Growth (1 yr): | (-10.60%) |
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Key People
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Chairman Emeritus:
Matthew Bucksbaum
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Chairman and CEO:
John Bucksbaum
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Chief Corporate Development Officer:
Jean Schlemmer
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