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Friday, 11/13/2020 3:13:12 PM

Friday, November 13, 2020 3:13:12 PM

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Washington Prime Group Up 8%; Taylor Morrison Unit to Buy Part of California Mall

1:55 pm ET November 13, 2020 (Dow Jones) Print
By Josh Beckerman

Washington Prime Group Inc. shares rose 8% to 69 cents Friday after it said a Taylor Morrison Home Corp. unit will buy 43 acres at its mall in Westminster, Calif., for about $160 million.

Washington Prime said in a Thursday securities filing that its affiliate Westminster Mall LLC will retain certain parcels plus the retail component of a mixed-use redevelopment.


(END) Dow Jones Newswires

November 13, 2020 13:55 ET (18:55 GMT)

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