GGP (company)
Exterior of the GGP headquarters at 350 North Orleans (center) in Chicago (2017) | |
| GGP | |
| Formerly |
|
| Company type | Subsidiary |
| NYSE: GGP | |
| Industry | Commercial real estate |
| Genre | Shopping malls |
| Founded | 1954 in Cedar Rapids, Iowa, United States |
| Founders |
|
| Headquarters | 350 North Orleans Street, Chicago, Illinois, United States |
Area served | United States |
Key people | Kevin McCrain (CEO) |
| Revenue | $2.346 billion (2016) |
| $1.272 billion (2016) | |
| Total assets | $22.732 billion (2016) |
| Total equity | $8.635 billion (2016) |
| Owner | Brookfield Property Partners (2018–present) |
Number of employees | 1,200 (2026) |
| Parent | Brookfield Properties (2018–present) |
| Website | ggp |
GGP Retail LLC (doing business as GGP; originally an initialism of General Growth Properties) is an American commercial real estate company. It was founded in 1954 and was the country's second-largest shopping mall operator at the time of its acquisition by Brookfield Property Partners and integration into Brookfield Properties in 2018. Brookfield reverted to the GGP brand for its American retail business in 2026.
Founded by brothers Martin, Matthew and Maurice Bucksbaum in Cedar Rapids, Iowa, it moved to Chicago, Illinois, in 1997. In 2009, it filed for bankruptcy protection, becoming the largest U.S. real estate firm to do so. In 2018, its portfolio included 125 properties comprising about 121,000,000 square feet (11,200,000 m2) in 40 U.S. states, behind only Simon Property Group in total square footage.