Key Takeaways SPG acquires Brickell City Centre's 500,000-sq-ft retail asset and will now wholly own and manage it. The open-air center hosts 90 retailers and 15 dining spots across three city blocks. Simon invests in premium assets despite e-commerce growth and macroeconomic concerns.Simon Property Group (SPG) recently announced that it has purchased Swire Properties’ stake in Brickell City Centre’s open-air shopping center and will now wholly own and manage the asset. Earlier, SPG held a 25% non-managin ...