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INDIANAPOLIS-During their Q1 earnings call Friday, Simon Property Group executives said new development in 2005 is expected to exceed $600 million. Currently, the company has five US projects and three international developments under construction.

INDIANAPOLIS-During their Q1 earnings call Friday, Simon Property Group executives said new development in 2005 is expected to exceed $600 million. Currently, the company has five US projects and three international developments under construction.

INDIANAPOLIS-Simon Property Group's development in 2005 is expected to exceed $600 million.

SANTA MONICA, CA-The buy gives Macerich 11 regional malls and two open-air centers, increasing the REIT's East Coast presence.

SANTA MONICA, CA-The buy gives Macerich 11 regional malls and two open-air centers, increasing the REIT's East Coast presence.

SANTA MONICA, CA-The $2.3 billion deal gives Macerich 11 regional malls and two open-air centers, increasing the REIT's East Coast presence.

FORT WORTH-The public declaration puts the price at $71.1 million for 339,000 sf of class A shop space and a 13-screen Rave Theater,. The buy side says annual sales are up 9% since seller, Shopco, completed a $70-million renovation to set up the hand-off.

FORT WORTH-The public declaration puts the price at $71.1 million for 339,000 sf of class A shop space and a 13-screen Rave Theater,. The buy side says annual sales are up 9% since seller, Shopco, completed a $70-million renovation to set up the hand-off.