Prudential Real Estate Investors will fund the projects.
Here's the short from the St. Petersburg Times Business today section:
Prudential Real Estate Investors, a $15-billion fund that invests in commercial real estate, has agreed to bankroll a program to accelerate shopping center projects planned by Debartolo Development, a Tampa company controlled by Edward J. DeBartolo Jr. The amount of the investment was not specified.
With more shopping centers coming soon, consumers will have more shopping choices, plus the opportunity to help boost the economy by purchasing more products.
Article comments