4th Dimension Properties acquired WPG Northtown Venture LLC from Washington Prime Group Inc. for $31 million.

Washington Prime Group Inc. (WPG Inc.) operates as an integrated, self-administered and self-managed real estate investment trust (REIT). The Company's primary business is the ownership, development and management of retail real estate within the United States. The Company owns, develops and manages, through its affiliates, all of its real estate properties and other assets, including a limited partnership subsidiary, Washington Prime Group, L.P. (WPG L.P.), which holds the majority of assets. It also owns parcels of land, which can be used for either new development or the expansion of existing properties. Its portfolio of properties consists of material interests in approximately 101 shopping centers in the United States, consisting of open-air properties and enclosed retail properties, comprised of approximately 51 million square feet of managed gross leasable area (GLA).