Spiking COVID-19 cases in Texas have forced Simon Property to close the Cielo Vista Mall in El Paso, Texas, according to CNBC.
As Coronavirus cases rise around the country, many other mall operators could be following Simon's lead, which could mean a second round of COVID shutdowns after the initial wave last Spring.
Right now, Cielo Vista Mall is Simon's only property that is closed. CEO David Simon told CNBC that he thought enclosed malls were being treated "unfairly and inconsistently," and there wasn't sufficient proof that the mall environment "spreads anything."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
