Fort Worth, Texas Trademark Property Co., in partnership with a private-equity fund, announced Tuesday the acquisition of two regional mall properties in Santa Fe, N.M., and Westland, Mich.
According to Trademark, Santa Fe Place and Westland Shopping Center were acquired in May by a private fund, which has engaged Trademark as the manager and development partner.
Trademark said it will direct remerchandising and redevelopment efforts at the 571,238-sq. ft. Santa Fe Place regional mall, which is anchored by Dillard’s, J.C. Penney and Sears.
Westland Shopping Center, a 1,063,722-sq.-ft. regional mall located on the west side of the Detroit metro, is anchored by Macy’s, Kohl’s, Sears and J.C. Penney.