Simon Property Group, the largest owner of shopping malls in the nation, is closing all of its malls and retail properties because of the coronavirus outbreak.
The closings start at 7 p.m. local time Wednesday and are expected to end March 29, the Indianapolis-based company said in a news release.
The closings come after several department stores from Macy’s, J.C. Penney to Nordstrom and other mall-brands including, Gap, Victoria’s Secret and Sephora, have announced they are also temporarily closing locations.
In a statement, the company said the decision came after “extensive discussions with federal, state and local officials and in recognition of the need to address the spread of COVID-19.”
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The health and safety of our shoppers, retailers and employees is of paramount importance and we are taking this step to help reduce the spread of COVID-19 in our communities,” president and CEO David Simon said in the release.
The closings include the company’s 209 U.S. properties, which include malls and premium outlets.
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