IFLR1000

Washington Prime Group/O'Connor Mall Partners $600 million joint venture

3/11/2016
Joint venture
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$ 600 million

Announced

3/11/2016

Overview:

  • Real estate investment trust (REIT) Washington Prime Group has entered into a $600 million joint venture with O'Connor Capital Partners.
  • The venture concerns ownership of seven open-air retail properties that had perviously been entirely owned by WPG.
  • The properties are spread out across the US.
  • The deal is expected to close in the first quarter of 2017.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Joint venture

Practice area:

M&A

Governing law:

United States

Industry sector:

Real estate

Firms:
Neal Gerber & Eisenberg

Party: O'Connor Capital Partners (Joint venture partner)

Lawyers: Avram Feldman, Douglas Ellis

Willkie Farr & Gallagher

Party: Washington Prime Group (Joint venture partner)

Lawyer: David Drewes

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