Ownership
Eastridge Mall was developed in 1976 by Carlson Properties on the site of the former Rhyne Dairy Farm. In January 1989, Jacobs, Visconsi & Jacobs Co. purchased Eastridge Mall from Carlson Real Estate Co. of Minneapolis for an undisclosed sum. Jacobs, Visconsi & Jacobs had managed Eastridge Mall since 1984. In August 1999, the Richard E. Jacobs Group Inc. announced that it was putting Eastridge Mall — and nearly 40 other malls — up for sale. In April 2002, Sydney, Australia-based Westfield America Trust bought Eastridge Mall and eight other shopping centers across the United States from the Richard E. Jacobs Group for a combined purchase price of US$756 million. This latest purchase triggered a name change from Eastridge Mall to Westfield Shoppingtown Eastridge on April 26, 2002.
Read more about this topic: Westfield Eastridge
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—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)