Simon Property Group was founded in the year 1993. The company has been active for almost 26 years now. The founders of the company were Herbert Simon and Melvin Simon. The company has its origin back in the year 1960 when Melvin Simon & Associates was established. In the year 1996, Simon DeBartolo Group was created when Simon Property merged with former rival DeBartolo Realty Corp. In the year 1998, the company had taken over Corporate Property Investors. The company has been a constant acquirer of various types of shopping centres during the last half of the 1990s and also the early 2000s as well. In the year 2003, the company had become the co-owner of The Kravco Company. Then in the year 2007, the company had taken over Mills Corporation. In the year 2011, Simon entered into a partnership with Nintendo to provide complimentary 3DS Wi-Fi hotspots at nearly 200 of its malls. Then in the year 2013, the company had announced that it would be forming a real estate trust investment of its smaller sized shopping malls and also its community shopping centres as well. The headquarters of the company is based in 225 West Washington Street. The name of the place is Indianapolis, while the name of the state is Indiana, USA. The pin code is 46204.
Simon Property Group is an American company that focuses on the establishment of various kinds of shopping malls and lifestyle centres with the help of its real estate investment trust. As of the current date, the CEO and chairman of the company are David E Simon. As of the year 2016, the total revenue generated by the company is more than $5.4 billion. Also, the number of employees working in the company, as of the year 2017, is more than 4,100.
The primary services provided by the company include allowing customers and clients to obtain various kinds of commercial real estate services, that are all offered by the company itself.
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