Hawthorn Mall in Vernon Hills Gets New Ownership

by Rick Kambic

Vernon Hills, IL – Hawthorn Mall in Vernon Hills has a new set of owners, but the management team says nothing else will change for a while.

Australia-based Westfield announced in a written statement that it sold 80 percent of its stock in Hawthorn Mall, Fox Valley Mall in Aurora and three other malls throughout the country.

The $1.1 billion deal, according to Westfield’s statement, was made in late December with a group of three investment firms: Centennial Real Estate Company, Montgomery Street Partners, and USAA Real Estate Company.

Read complete article >

Publications of ICSC

1221 Avenue of the Americas, 41st Floor
New York, NY 10020
Phone: 781.709.2420
Fax: 781.829.1042

© 2000-2016 International Council of Shopping Centers

winter2016 DRIVE business.
Find UNIQUE concepts.
DISCOVER hot products.

For only $24.95 you can have the industry's #1 resource.

Subscribe today and save!