Simon Assumes Leasing, Management and Marketing of New Hampshire Seacoast Property (SPG)

Simon Property Group, Inc. SPG, the country's largest owner, developer and manager of high quality retail real estate, announced today that it will assume leasing, management, and marketing duties of the Fox Run Mall in Newington, New Hampshire. Simon will commence this new role at Fox Run on May 15, 2011. "We are pleased to take on the property management functions of this popular seacoast asset at the request of the institutional owner," said Rick Sokolov, Simon's president and chief operating officer. "Fox Run Mall is the only enclosed regional shopping center within a 40-mile radius of Portsmouth, and we look forward to implementing programs to enhance the shopping experience for guests from throughout the region."