The Crystals shopping center at CityCenter may soon have a new owner.
Union Gaming reports MGM and partners in the mixed-use development will sell Crystals to Simon, a property management firm that runs shopping centers, for a figure over $1 billion.
The sale has been anticipated for some months, according to Union Gaming.
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The firm says money raised from the sale of Crystals could be used in MGM's efforts to buy out its partners in the Aria resort in CityCenter.
