New York -- MPI — Mall Properties, Inc., a private owner, developer and operator of commercial real estate — has changed its name to Olshan Properties.
Founded in 1959 by Mort Olshan, the 55-year-old family-run real estate enterprise maintains a portfolio with 11 million sq. ft. of retail properties, 19,000 multifamily units, 865 hotel rooms and five million sq. ft. of office buildings. The company intends to continue expanding and further diversifying its portfolio through strategic acquisitions and developments across the country. The new name reflects that objective.
The Olshan portfolio spans 11 states and includes properties such as 575 Lexington Avenue in midtown Manhattan, the Hilton Marco Island Beach Resort and Spa in Florida and the Parkchester residential complex in New York City.
The company’s retail holdings include:
Akers Mill Square Shopping Center, Atlanta
Zona Rosa Town Center, Kansas City, Mo.
Bayshore Town Center, Milwaukee
The Greene Town Center, Dayton, Ohio
Coliseum Square, Mercury Plaza, Hampton, Va.
Peninsual Town Center, Hampton, Va.
Fair Oaks Mall, Fairfax, Va.
Cottman & Bastleton Center, Philadelphia
Great Northeast Plaza, Philadelphia
Cottman & Castor Shopping Center, Philadelphia
Atrium @ Fashion Center, Paramus, N.J.
Great South Bay, West Babylon, N.Y.
The Gate at Manhasset, Long Island, NY
The Westchester, White Plains, NY
Savoy Shops, New York City
Olshan is also General Partner of the Longview and RCG Longview series of debt and equity funds as well as Normandy Venture Partners, a series of opportunistic equity funds.