New owner of malls rethinks tenant mix

Simon Property Group bought the Sawgrass Mills outlet mall in Sunrise last year, along with the rest of the 17-property Mills portfolio. Now division president J. Scott Mumphrey is pondering changes to the huge shopping complex. Based in Washington, D.C., the Simon Group is the nation’s largest owner of regional malls. In an interview, Mumphrey said that while a mainstream department store may appear at a Mills property, and other units may be used to test new retail concepts, the Sawgrass Mills name will remain.

Sign Up for the undefined Newsletter