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JMB Realty was a real estate investment company based in Chicago. In 1993, after suffering during the early 1990s recession, the company spun off its retail properties as Urban Shopping Centers, Inc., which was acquired by Rodamco in 2000 and broken up. After selling off its remaining assets in the late 2000s, JMB Realty was defunct; although ...
In 1984, Aetna sold Urban Investment and Development Corporation of Chicago, to JMB Real Estate Group, for $1.4 billion. [6] In 1993, JMB spun off its retail properties into Urban Shopping Centers, and was traded on NYSE and CSE under "URB". [7] In 2000, Urban was purchased by Rodamco North America. [8]
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JMB Property: Management: Centennial Real Estate Company: Owner: Centennial Real Estate Company Montgomery Street Partners USAA Real Estate Company Unibail-Rodamco-Westfield (20%) Architect: Jon Jerde: No. of stores and services: 155 (as of 2018) No. of anchor tenants: 7 (6 open, 1 vacant) [1] Total retail floor area: 1,109,800 sq ft (103,100 m ...
After graduation, he went to work for JMB Realty, a real estate investment company in Chicago. In 1989, at the start of the savings and loan crisis and the early 1990s recession , he was laid off. [ 17 ]
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