With the downturn in the economy and analysts now speculating that the end is farther away that originally anticipated, and today's announcement of General Growth Properties bankruptcy filing, the realization that malls are suffering continues to be at the forefront of the news.
Roger Koskela of the Kitsap Sun (near Seattle, WA) asks the question, "Are Shopping Malls Endangered?". The answer of course is yes.
After you read the article, also read my comments.
-- Brian Florence
GENERAL GROWTH PROPERTIES, INC. announced on April 16, 2009.
ReplyDeleteSee statements here:GENERAL GROWTH PROPERTIES