BIG USA & Red Development Form Partnership to Own, Manage, Acquire U.S. Retail Properties in Midwest and West

PHOENIX, AZ (April 2015) BIG Shopping Centers USA and RED Development today announced a joint venture partnership to maximize market presence and performance of select retail properties in the Midwest and West. The partnership particularly seeks to acquire established, first-tier community, lifestyle and power centers with strong tenant line-ups and sales figures that are well positioned in markets throughout the United States.