Simon Property Group Inc., a leading real estate investment trust, has acquired Swire Properties' interest in the retail and parking sectors of the Brickell City Centre in Miami. This move gives Simon full ownership and management of the premier open-air shopping destination, previously holding a 25% non-managing interest. The Brickell City Centre, a model of integrated urban design spanning approximately five million square feet, features a 500,000-square-foot shopping center under its iconic Climate Ribbon™. The center boasts over 90 retail stores, including major brands like Apple and Chanel, and more than 15 dining and entertainment venues. This acquisition further solidifies Simon's presence in the heart of Miami's bustling Brickell district.
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