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Hilltop Mall is a mall in the Hilltop neighborhood of Richmond, California. Hilltop is managed and co-owned by Jones Lang LaSalle, and is anchored by longtime tenants JC Penney, Macy's, Sears, and lastly Walmart, a 2007 addition.〔(Chico Enterprise Record - Wal-Mart plans to offer help to small fry at new location )〕 ==History== Hilltop Mall opened in September 1976, built on land previously occupied by an oil storage tank farm owned by the Chevron Corporation. The mall was developed by A. Alfred Taubman, who also developed several other shopping malls in the East and South Bay Area, including Eastridge Center in San Jose, Stoneridge Shopping Center in Pleasanton and Sunvalley Mall in Concord. Originally it was anchored by a bright red-tiled Capwell's, JCPenney and Macy's. Both Macy's and JCPenney originally had stores in downtown Richmond, but while Macy's had closed its downtown store a couple of years earlier, JCPenney kept its downtown store open for another year after Hilltop opened.〔(Richmond Chamber of Commerce: History )〕 Capwell's changed its name to Emporium-Capwell in 1979, before becoming simply Emporium in 1990. Sears was added in 1990 in a newly built north wing addition, which was the last expansion of this property. Once opened the mall attracted the major anchors of Richmond's downtown, which became deserted, with several major national chain stores closing, although many acknowledge that the trend predated Hilltop due to economic and safety issues.〔(Richmond History ), retrieved 09-08-07〕〔Images of America: Richmond (Paperback) by Donald Bastin, Arcadia Publishing (SC), November 2003〕 The mall remained largely unchanged until 1996 when the Emporium store closed following its merger with Federated, who owned Macy's. The store remained vacant until October 1998, when Macy's refurbished and relocated their existing store into the former Emporium space. However, Federated chose not to have two Macy's at Hilltop (unlike Sun Valley, Stoneridge, and others) and closed the original store. That building would remain vacant until Wal-Mart took it over in the spring of 2007. The Taubman shopping center interests, which had become a publicly traded real estate investment trust in 1992, were reorganized in 1998 and the GM Pension Trust assumed full ownership of Hilltop Mall at this time, retaining Taubman Centers as manager.〔http://www.sec.gov/Archives/edgar/data/890319/0000890319-99-000005.txt〕 In its turn, in 2004 the GM Pension Trust sold a half-interest in a portfolio of shopping centers, including Hilltop, to The Mills Corporation, which also assumed management of the center. After several years of delay, Wal-Mart opened on April 11, 2007 on the site Macy's vacated in 1998. In July 2007, Simon Property Group purchased the entire Mills Corporation portfolio including other Bay Area properties: Stoneridge Shopping Center in Pleasanton, California and Great Mall in Milpitas, California. On December 23, 2011 shots were fired and the mall was closed due to a shopping frenzy over the retro Air Jordans that went on sale that day.〔(Air Jordan release sparks violence at Richmond, Fairfield malls ), Karl Fischer, ''Contra Costa Times'', 23-12-2011, access date 25-12-2011〕 The mall later reopened but sales of the shoe were banned for the day.〔 Similar events occurred at the nearby Westfield Solano and the Bayfair Center malls in Fairfield and San Leandro, respectively.〔 In August 2012, Greg Maloney, president of Jones Lang LaSalle Retail was appointed receiver by the Contra Costa Superior Court to assume management of the property due to Simon's loan default. JLL retained Michael Piazzola as its managing receiver. The property was foreclosed upon in June 2013 by US Bank as a trustee representing a consortium of lenders that underwrote the original Mills acquisition in 2007. Jones Lang LaSalle was retained as the manager post-foreclosure and has attempted to stabilize the asset in anticipation of its eventual sale by the trustee. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Hilltop Mall」の詳細全文を読む スポンサード リンク
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