The BIG Group is based in Israel, where it has developed and owns a series of power centers. And yes, they are quite big, with very big totem signs to announce the fact (photo shows the BIG center at Krayot). BIG already owns several US shopping centers through a joint venture with Kimco, though this is the first transaction for the DDR JV.
The Marin IJ put out a bizarre front page story today suggesting that the Marin City Community Services was hoping to buy the shopping center. Good luck with that.