Content about The Westfield Group

April 8, 2014

Come on down to Westfield Century City in Los Angeles, and maybe you’ll get to be on television.

Come on down to Westfield Century City in Los Angeles, and maybe you’ll get to be on television.

The entertainment news magazine “Extra” and Westfield, which owns and operates 38 shopping centers nationwide, have formed a partnership to deliver fashion, lifestyle and celebrity news and features to television audiences from Westfield Century City.

December 6, 2013

The Westfield Group has agreed to purchase the Port Authority of New York and New Jersey’s remaining 50% interest in the World Trade Center’s retail square footage.

The Westfield Group has agreed to purchase the Port Authority of New York and New Jersey’s remaining 50% interest in the World Trade Center’s retail square footage. The purchase price is US$800 million. Following the transaction, expected to close early next year, Westfield will own 100% of the retail space, which totals 365,000 sq. ft.

October 3, 2013

Power centers have proven themselves to be a resilient asset class in recent years. First the recession cut into business. Then e-commerce leveled some of their big-box tenants, hurt others and ignited a downsizing trend. 

Yet research from Washington, D.C.-based CoStar Group shows that only 2% of power centers have vacancy rates of 40% or higher and probably won’t recover. Another 6% have vacancy rates of 20% to 40% and are in serious condition but may recover.

After all the carnage, only a little more than 2% can’t recover? How can that be?

September 19, 2012

Los Angeles -- The Westfield Group announced that David T. Weinert will join the U.S. unit of the group as senior executive VP leasing.

Weinert joins Westfield after 25 years with the Taubman Co., most recently serving as senior VP of leasing.

August 22, 2011

One-stop shopping convenience has taken on new meaning at Westfield Chicago Ridge, in Chicago Ridge, Ill., where Aldi has opened its first U.S. mall store. In May, the German discount grocer opened a supermarket inside the 800,000-sq.-ft. suburban Chicago center, a property of The Westfield Group. Except for its location, the 20,000-sq.-ft. Aldi is prototypical in most respects. 


June 21, 2011

Discount grocer Aldi has made its U.S. mall debut, opening in Westfield Chicago Ridge, an 800,000-sq.-ft. enclosed shopping center in Chicago Ridge, Ill.

New York City -- Discount grocer Aldi has made its U.S. mall debut, opening in Westfield Chicago Ridge, an 800,000-sq.-ft. enclosed shopping center in Chicago Ridge, Ill. The mall is a property of The Westfield Group.

The 20,000-sq.-ft. store offers the same prices and products as other Aldi stores, and also features the retailer’s current interior prototype elements. The store is entered through the mall entrances.

June 21, 2011

Discount grocer Aldi has made its U.S. mall debut, opening in Westfield Chicago Ridge, an 800,000-sq.-ft. enclosed shopping center in suburban Chicago Ridge, Ill. The mall is a property of The Westfield Group.

Discount grocer Aldi has made its U.S. mall debut, opening in Westfield Chicago Ridge, an 800,000-sq.-ft. enclosed shopping center in suburban Chicago Ridge, Ill. The mall is a property of The Westfield Group.

Brightly lit and colorful, the 20,000-sq.-ft. Aldi resembles a prototypical Aldi in most respects.

December 10, 2010

The Westfield Group announced that its Westfield Old Orchard shopping center in Skokie, Ill., will change dramatically with the addition of a culinary-focused dining and green food shopping venue slated to open in summer 2011.

Skokie, Ill. -- The Westfield Group announced that its Westfield Old Orchard shopping center in Skokie, Ill., will change dramatically with the addition of a culinary-focused dining and green food shopping venue slated to open in summer 2011.

The new venue replaces the former food court, which closed on Sept. 1 to make way for the new development.

August 17, 2010

Shopping center owner The Westfield Group and Issaquah, Wash.-based Costco Wholesale Corp. said late Tuesday...

January 6, 2008

New York City Shopping center developer The Westfield Group announced in a letter to The...

October 18, 2007

Chattanooga, Tenn., CBL...