Simon Property Group Inc. has acquired Phillips Place, an open-air retail center in the SouthPark neighborhood of Charlotte, North Carolina. The 134,000-square-foot mixed-use destination features more than 25 retail shops and restaurants, including alice+olivia, Peter Millar, rag & bone, Ralph Lauren, Veronica Beard, RH Gallery with a Rooftop Restaurant, and The Palm. The property also includes a 180-plus room hotel and a multi-family residential component, both owned by Simon. The company plans to enhance Phillips Place with new offerings, curated merchandising, and continued investment to maintain its status as a vibrant community destination.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simon Property Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE26333) on November 18, 2025, and is solely responsible for the information contained therein.
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