Macerich, the Santa Monica, Calif.-based developer, and the Alaska Permanent Fund Corp. have acquired The Shops at North Bridge on "The Magnificent Mile" in Chicago for $515 million.
The deal marks Macerich's entry into Chicago, and adds another high-profile property to the company's portfolio, which also includes Tysons Corner Center in Virginia, also co-owned by APFC, as well as Santa Monica Place in Los Angeles, which is slated for a major redevelopment, and Queens Center in New York.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)