Unibail-Rodamco-Westfield announced last year that it plans to sell off all 24 of its U.S. properties, valued at about $13 billion, by the end of 2023.
Unibail-Rodamco-Westfield
The 600-square-foot Village property was built in 2015 and is located next to the 34-acre Promenade development site, which URW recently sold to a private investment group that includes Kroenke’s company for $150 million. That transaction fueled speculation that Kroenke could move his team there and build a year-round practice facility on the property.
URW operates 80 shopping centers in 12 countries, including 45 which carry the iconic Westfield brand. They attract more than 900 million visits annually.
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