Simon.com is a shopping and entertainment complex like no other
Title
Simon Property Group - Simon.com
About the Company
Simon Property Group, Inc. is the largest public U.S. real estate company and also an S&P 500 company. It is fully integrated and functions from five retail real estate platforms including regional malls, international properties, lifestyle or community shopping centers, and The Mills, and Premium Outlet Centers. The real estate company has 323 properties covering a gross leasable area of 244 million square feet in North America, Asia and Europe and over 2,700 employees are working with this company.
The 296 properties located in North America and Puerto Rico can be further divided as 172 regional malls, 30 Premium Outlet centers, 71 community shopping centers and 23 other properties. The company has 4 Premium Outlets centers in Japan, 51 shopping centers in Europe, 1 shopping center in Canada and 1 Premium Outlet center in Mexico. In addition to this, there are twelve parcels of lands that are withheld for future development in the United States. It has a total market capitalization of nearly $25 billion.
The company was founded in 1960 and its headquarters are in Indianapolis, Indiana. Simon Property Group, Inc. is publicly traded by the symbol SPG on the NYSE. The company is also a real estate investment trust which deals with ownership, leasing, operation, management, acquisition, development and expansion of real estate properties. Other properties are office space, retail space and hotel components.
What they do?
- Leasing - Simon expertise in leasing, management, and marketing professionals established to ensure that the property and business are well-maintained and make them popular among the community. Many different leasing options are available for those who are interested. The leasing professionals hired by them are the one of the best in the industry who explore various options that works for the businesses.
- Development - The Simon Development Team creates the top and most pioneering retail and mixed-use real estate. They do the job from site selection, and continuing with occupancy and opening. After that the team also works to find ways to maximize each project's potential. They are not only involved in new developments, but are also help to redevelop and enhance the existing assets.
- Property Management - Property management is oriented towards maintaining Simon’s industry leading position by providing customers a quality shopping experience. Customers are attracted by quality of service, safety, convenience, visual appeal, cleanliness and comfort.
- Marketing
- The Mills Properties - The Mill properties started as a merger between Simon and Farallon, who introduced joined shares on March 29, 2007. Twenty regional malls and seventeen Mill properties come under the assets of this portfolio.
- Arundel Mills
- Cincinnati Mills
- Colorado Mills
- Concord Mills
- Discover Mills
- Franklin Mills
- Grapevine Mills
- Great Mall of the Bay Area
- Gurnee Mills
- Katy Mills
- Opry Mills
- Potomac Mills
- Sawgrass Mills
- St. Louis Mills
- Community / Lifestyle Centers - Simon's Community/Lifestyle Center Division consists of over 70 centers covering an area of 20 million square feet in size. These properties vary in size from 30,000 sq. ft. - 900,000 sq. ft. These centers have been established to meet the daily needs of the customers, which give details about big box anchor stores, small store operators and open air shops.
- International Properties - Simon Property Group’s made a decision to make investment at international levels in 1998. The company has 50 European shopping centers in France, Italy and Poland, 5 Premium Outlet Centers in Japan, and 1 Premium Outlet Center in both South Korea & Mexico.
How big are they?
The company ranks 597 in the list of Fortune 1000 companies for the year 2006 and 4th in its category out of 12. The company had revenues of $3.3 billion and profits of $563 million in the year 2006, an increase of 4.3% and 18.5% over the last year. The asset base of the company is $22 billion and market value of $25 billion.
About the Website
The company has a very interactive, well designed and easy to use website. The visitors can find a store and see their promotions on the homepage. If the retailers or small merchants are looking to find leasing information it can be found under “leasing” section of the homepage. It also provides information about the company on “about Simon” section of the homepage. It also lists its services like property management and marketing. One can also search job openings and apply online as well.
Website Rank
The website has a traffic rank of 23,144.
Address
- 225 West Washington Street
- Indianapolis, Indiana 46204
Contact
- Simon Property Group LP
-
- 317-636-1600
References
Languages
English
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