Shortly after Brookfield Property Partners closed on its $15B acquisition of GGP this week, which brought the company 125 retail assets, it began selling off parts.

First came the formation of a JV between Brookfield and CBRE that saw CBRE invest in three properties in metro Atlanta, Dallas and Minneapolis. Then, in rapid succession, came the sale of three properties to TH Real Estate, an investment arm of TIAA, for $714M.

The timing was close, but the two deals were not related, Real Estate Weekly reports, citing a CBRE spokeswoman.

As yet, neither party has specified which properties were involved in the Brookfield-TIAA deal, but TH Real Estate said the portfolio comprises over 4.7M SF in three super-regional assets with average sales in excess of $700/SF.

Each of the malls is 98% occupied, according to TH Real Estate. The properties count Apple, Macy’s, Nordstrom, Neiman Marcus, H&M, Lululemon and Forever XXI as tenants.

TH Real Estate doesn't seem to be impressed by reports of the death of retail.

"We believe that high-quality, dominant U.S. super-regional malls present a sound long-term investment given the current lack of mall construction, and the shift towards consumers seeking entertainment experiences outside the home," TH Real Estate Managing Director and Senior Portfolio Manager Scott Kempton said in a statement.

The deal means that TH Real Estate now has 89 investments in retail properties in 40 markets in the United States. The investor is the fourth-largest owner of retail properties in the country, based on its $19.4B total assets under management. It has $41.2B in retail assets under management globally.