Wilmorite Properties

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Wilmorite Properties, Inc.
Type Subsidiary
Industry Real estate
Founded Rochester, New York, United States (1940s (1940s))
Founder(s) Brothers James P. Wilmot and William F. Wilmot
Headquarters Chili, New York, United States
Area served Upstate New York
Key people Paul J. Wilmot, president
Thomas C. Wilmot, chairman
Services Commercial real estate development and property management
Website www.wilmorite.com

Wilmorite Properties, Inc is a commercial real estate company based in Chili, New York, a suburb of Rochester.

James P. Wilmot founded the company in 1950[1] and since then Wilmorite has developed retail, office, hotel, and residential real estate. In 1967, Wilmorite built Greece Towne Mall, one of the first enclosed regional malls in New York State. They were one of the largest owners and managers of regional shopping malls in the United States until their acquisition by The Macerich Company in 2005.[2] Wilmorite currently owes over $20 million in backed taxes and fees to the City of Rochester resulting from a loan and tax agreement surrounding their failed development of the Sibley Building. Although most of their malls are now managed by other entities, they continue to manage the following Rochester area properties:

Wilmorite Properties headquarters on Scottsville Road in Rochester, New York

Former properties

This list is incomplete; you can help by expanding it.

References

  1. ↑ Wilmorite's History
  2. ↑ Macerich Announces $2.333 Billion Agreement to Acquire Wilmorite
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