Complex sentence: The mall features more than 100 stores, a 12 screen movie theater, and a food court, and since January 2012, has been owned by the Carlyle Development Group based in New York City.
Split into simpler sentences: The mall features more than 100 stores, a 12 screen movie theater, and a food court. Since January 2012, the mall has been owned by the Carlyle Development Group based in New York City.