"To the best of our knowledge, this transaction will not have any impact on our plans for this store," said May Walters, a Target spokeswoman. And with that we learn that the Westfield Group has sold the Metreon to Starwood Capital Group for $1.15 billion. This comes as a surprise, since the Metreon's currently undergoing a $30 million makeover. A Westfield spokeswoman said that the Westfield Group will still complete the renovations to the Metreon, including the "CityTarget" store. [SFGate]
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