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Finally Over: Glendale Galleria Vs. Americana At Brand

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The death battle between developer Rick Caruso and struggling General Growth Properties, operator of the Glendale Galleria, is over with the news that General Growth will pay a $48 million settlement to Caruso, according to today's Globe St, which recounts the antitrust and anticompetitive lawsuit Caruso filed against General Growth back in 2004. As readers will recall, the two companies began tussling over tenants when plans were announced for Caruso's Americana at Brand. The irony, of course, is that despite all the lawsuits and sparring, it does seem that Americana at Brand actually helped to boost foot traffic at the nearby Glendale Galleria.
· General Growth Settles Caruso Lawsuit for $48M [Globe St]
· Malled: Glendale Galleria in an Americana World, Part II—Lush, Michael Kors, and the Parking Sitch [Racked LA]