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Coronavirus Forces Simon to Temporarily Halt Operations at All US Malls

REIT Recently Loaded Up Revolving Credit Line; 175 Properties to Go Dark Until March 29
Coronavirus is impacting every corner of the country while people stay put in their homes. (Getty Images)
Coronavirus is impacting every corner of the country while people stay put in their homes. (Getty Images)
By Jennifer Waters
CoStar News
March 18, 2020 | 9:25 P.M.

Simon Property Group, the nation’s largest shopping center and mall landlord, said it will temporarily shut the lights off on all 175 properties it operates in the Unites States, a stunning step that underscores how the coronavirus outbreak is impacting every corner of the country while people stay put in their homes.

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