Simon Property tops retail rankings

Simon Property Group topped the list of the biggest retail property owners with total U.S. holdings at 245 million square feet, according to a ranking by Retail Traffic Magazine. General Growth Properties, the owner of South Street Seaport in New York City and Mizner Park in Boca Raton, which has been fielding reorganization options to exit bankruptcy, ranked second with approximately 182.6 million square feet of retail space in its portfolio. Developers Diversified Realty, Kimco Realty and Centro Properties Group were the fourth, fifth and sixth, respectively. TRD