General Growth postpones opening of Las Vegas mall

08/8/2008 | Commercial Property Executive

General Growth Properties delayed opening the Shops at Summerlin Centre, a 1.4 million-square-foot Las Vegas regional mall development. The delay could be as long as a year, pushing the opening back to 2010. "If we had stuck to our original opening date, I think we would have opened that center probably around 70 percent, maybe 75 percent [occupied]," said Robert Michael, president of the Chicago-based REIT.

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