Simon expands at Dadeland Mall, pays $16M for JCPenney ground lease
Simon Property Group is JCPenney’s new landlord at Dadeland Mall in Kendall, acquiring the ground lease for the big box store for $15.6 million. An affiliate of Indianapolis-based Simon, led by David Simon, bought the leasehold interest in the 190,962-square-foot department store at 7201 Kendall Drive, records show. With the purchase, Simon now owns all […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

The Weekly Dirt: Is it time for Lincoln Road’s next act?

'Stakes are high.' With shutdown over, airlines predict record numbers of travelers this Thanksgiving
Total pending home sales reach multiyear high with mortgage rates near 6%

U.S. moves to tame the skies as disruptive passenger incidents reach new highs

These Housing Markets Are Cooling the Fastest—and Florida Metros Dominate the List

Palm Beach’s Trophy Homes Command up to $205 Million—It’s a ‘Snowball Effect’
The Goldilocks case for home sales in 2026

Empty Manalapan Plot Intended for ‘America’s Most Expensive Home’ Is Listed for $75 Million

Inside Secret Florida Enclave Luring Celebrities and Billionaires With Unrivaled Privacy, Military Guards—and Incredible Mansions

Meyers Accesso advances 222-unit apartment project with rooftop pool deck in Boca Raton
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
