Galleria Dallas to be managed by Simon Property, manager of Houston Galleria

by PegNews wire

DALLAS — Galleria Dallas and the Houston Galleria are together again. Effective August 1, Galleria Dallas will be managed by Simon Property Group, Inc., which also owns and manages the Houston Galleria. Ownership of Galleria Dallas has not changed and all key personnel at the shopping center will make the transition along with Simon, and will remain in the same positions.

"We are enthusiastic about the advantages brought to the table by Simon Property Group, the largest public retail real estate company in the world," notes Galleria Dallas Director of Marketing & Business Development Angie Freed. "Having Galleria Dallas and the Houston Galleria managed under the same portfolio provides great synergy and advantages to both properties in terms of leasing and strategic partnerships."

Galleria Dallas is enjoying ongoing development by new tenants to the center. Forever 21 is completing a 30,000 square foot flagship store featuring its newest concepts, and will be open later this fall. St. Croix, a luxury menswear retailer, will open its first Texas store at Galleria Dallas in September. In late August, Genghis Grill will open as part of Galleria Dallas' collection of rink-side cafes.

"By assuming the management functions of Galleria Dallas, Simon Property Group will build a great alliance between these two unique, high-quality properties. We are pleased to be able to bring our resources and experience with the Galleria in Houston to our new relationship with Galleria Dallas," said Leslie Swanson, portfolio vice president, Simon Property Group.

Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers®, The Mills®, community/lifestyle centers and international properties. It currently owns or has an interest in 385 properties comprising 261 million square feet of gross leasable area in North America, Europe, and Asia. The company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on the NYSE under the symbol SPG. For further information, visit the company's website at www.simon.com.

Conveniently located at I 635/LBJ Freeway and the Dallas North Tollway, Galleria Dallas offers shoppers more than 200 exceptional nationally and internationally recognized retailers and hosts over 19 million visitors each year. Center hours are 10 a.m. to 9 p.m. Monday through Saturday and noon to 6 p.m. on Sunday. Visit the website to learn more about the famed shopping center and for holiday store hours.

Source: Galleria Dallas