Atlanta-based Gregory Greenfield & Associates owns the two New Mexico centers, Mesilla Valley Mall, in Las Cruces, and Villa Linda Mall, in Santa Fe. Dillard's, J.C. Penney and Sears anchor the 572,600-sf Mesilla Valley. The same tenants anchor the 569,500-sf Villa Linda, as well as Mervyn's.

Valley West DM, a limited partnership, owns the local, 858,500-sf Valley West Mall. J.C. Penney, Von Mauer and Yonkers anchor that center, which gets more than 12 million annual visitors.

In April Jones Lang took over the management of 16 regional malls from L&H Real Estate Group in Chicago. Some of the best-known properties it manages include Grand Central Station in New York City and Union Station in Washington DC.

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