General Growth Properties, Inc. GGP and Kimco Realty KIM today announced a joint venture partnership in which both companies would
own 50 percent interest of Owings Mills Mall in Owings Mills, Maryland. As part of the joint venture, GGP and Kimco will co-lead a
redevelopment of the 25 year old, 1 million-square-foot regional mall in
northwest Baltimore County. GGP previously owned 100 percent interest in
Owings Mills Mall.
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