Company has an agreement with a company that has 107 malls and 68 outlets and a global presence:
Justin Frankel, CEO of Bayside Corp. commented, "We have eagerly awaited the arrival of the CTMs while we worked on finding and securing the best locations to place them. The property management company we are partnering with on this initial deployment has a property portfolio of 107 malls and 68 premium outlets in the United States as well as a global presence.
Simon Property Group is a self-administered and self-managed real estate investment trust. Co. owns, develops and manages retail real estate properties, which consist primarily of malls, Premium Outlets®, and The Mills®. As of Dec 31 2017, Co. owned or held an interest in 207 income-producing properties in the U.S., which consisted of 107 malls, 68 Premium Outlets, 14 Mills, four lifestyle centers, and 14 other retail properties in 37 states and Puerto Rico. Internationally, as of Dec 31 2017, Co. had ownership interests in nine Premium Outlets in Japan, four Premium Outlets in South Korea, two Premium Outlets in Canada, two Premium Outlets in Malaysia, and one Premium Outlet in Mexico.
About Simon
Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE:SPG). Our properties across North America, Europe, and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
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