Neither Wilmorite, nor current mall owner the Alaska Permanent Fund--owners of 57% of the property--responded to GlobeSt.com's inquiry about the potential sale of Tysons Corner, which has been under the management of L&B Realty Advisors since it opened. "L&B has no comment at this time," says company communications manager Holly C. Robertson. If Wilmorite does purchase the property, Tysons Corner will mark the company's area debut, as its current mall ownership extends to New York, New Jersey, Connecticut and Illinois.

With 230 stores spread over 1.7 million sf, the Tysons Corner property also includes a 170,000-sf office building that was built in 1999, and a 400,000-sf parcel of land that could be developed. Bloomingdale's, Hecht's JC Penney, Lord & Taylor, and Nordstrom anchor the mall. The latter two stores have full ownership of their building spaces but lease the actual land. Rent averages $55 per-sf triple net.