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Sarasota's Westfield Siesta Key mall is under new ownership

Starting next year, Westfield Siesta Key mall in Sarasota will no longer be a Westfield property.
The 435,000-square-foot mall, at U.S. 41 and Siesta Drive in the city of Sarasota, is now owned and operated by O’Connor Capital Partners, a real estate development, investment and management firm with offices in New York, Palm Beach and Mexico City.
Unibail Rodamco Westfield and O’Connor previously owned the mall in a joint-venture partnership in which O’Connor owned 49% of the property, but now O’Connor has acquired Westfield’s interest, according to a news release from both companies. Westfield will continue to manage the mall through Thursday, and after that, the property will be rebranded. ....

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New Owner To Rebrand Westfield Siesta Key Mall: Reports

New Owner To Rebrand Westfield Siesta Key Mall: Reports
Patch
12/29/2020
Tiffany Razzano
© Shutterstock
Westfield Siesta Key mall has a new owner and will be rebranded next year, reports said.
SARASOTA, FL Westfield Siesta Key mall will start the year with a new owner, the Herald-Tribune reported.
After Thursday, O’Connor Capital Partners will be the sole owner and operator of the mall, reports said. The real estate development firm has offices in New York, Palm Beach and Mexico City.
Prior to this, O’Connor and Unibail Rodamco Westfield co-owned the 435,000-square-foot mall in a joint-venture partnership. While O’Connor held 49 percent of the property, Westfield was the majority owner with 51 percent. ....

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