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Melvin Simon & Associates helped develop the business model for modern mall operators. Large retailers, such as J. C. Penney, L. S. Ayres And Company (1872-2006) , and Sears, were offered lower rents as a way to entice them to become anchor tenants at Simon-owned properties throughout the country.
INDIANAPOLIS (AP) – Melvin Simon, the son of a New York City tailor who started what is now the country’s largest shopping mall company and owned the NBA’s Indiana Pacers with his brother, died...
- The Oakland Press
- IN
Melvin Simon (October 21, 1926 – September 16, 2009) [1] was an American businessman and film producer, who co-founded the largest shopping mall company in the United States, the Simon Property Group, with his younger brother, Herb Simon. [2] The pair jointly purchased the Indiana Pacers in 1983.
Obituary. By TOM DAVIES, Associated Press Writer INDIANAPOLIS (AP) Melvin Simon, the son of a New York City tailor who started what is now the country's largest shopping mall company and...
- Indianapolis Indiana
- September 16, 2009
Sep 16, 2009 · A Friday funeral is planned for a man who made a fortune building shopping malls across the U.S. and later became a prolific philanthropist in his adopted hometown of Indianapolis. Melvin...
Sep 16, 2009 · INDIANAPOLIS – Building suburban indoor malls that drew generations of American shoppers was Melvin Simon’s specialty. He was among the first to jump on the trend in the 1960s, starting
Brothers Mel (who died in 2009) and Herb Simon built the shopping mall developer they founded in 1960 as Melvin Simon & Associates into the country’s largest mall owner, known since 1998 as...