Advertisement
YOU ARE HERE: LAT HomeCollectionsHorizon Group Inc
IN THE NEWS

Horizon Group Inc

FEATURED ARTICLES
BUSINESS
November 14, 1997 | Bloomberg News
Prime Retail Inc. said it agreed to buy Horizon Group Inc. for $906.3 million in stock and assumed debt, making it the largest owner and operator of factory outlet retail centers in the United States. The purchase would boost Baltimore-based Prime Retail's portfolio by more than 80% to 43 properties with a total of 11.8 million square feet in 25 states. That's double its closest competitor, FAC Realty Trust Inc.
ARTICLES BY DATE
BUSINESS
November 14, 1997 | Bloomberg News
Prime Retail Inc. said it agreed to buy Horizon Group Inc. for $906.3 million in stock and assumed debt, making it the largest owner and operator of factory outlet retail centers in the United States. The purchase would boost Baltimore-based Prime Retail's portfolio by more than 80% to 43 properties with a total of 11.8 million square feet in 25 states. That's double its closest competitor, FAC Realty Trust Inc.
Advertisement
BUSINESS
March 31, 2000
Triple Net LLC, a Santa Ana property manager, has agreed to buy seven factory outlet centers for $93.5 million from Horizon Group Properties Inc. The Chicago owner and manager of factory outlet centers said in a press release Thursday that the centers, totaling 1.6 million square feet, are in Nevada, Kentucky, Michigan, Minnesota, Michigan and Missouri. Horizon also will pay $57 million in debt on the centers when the sale closes.
Los Angeles Times Articles
|