Simon Property Group shuts down 3 Arizona malls

By Brandon Brown | Phoenix Business Journal

Simon Property Group, the largest operator of malls and shopping centers in the U.S., said Wednesday it is temporarily closing all of its properties over concerns of the coronavirus.

That will include two Phoenix-area shopping centers and one in Tucson.

Indianapolis-based Simon (NYSE: SPG) said it will close its properties beginning at 7 p.m. Wednesday for two weeks. In the Phoenix market, Simon’s Arizona Mills in Tempe and the Phoenix Premium Outlets in Chandler will be affected. The Tucson Premium Outlets in Tucson will also be shuttered temporarily.

In an announcement, the company said it made the decision to close down after “extensive discussions with federal, state and local officials” and wants to play a role in slowing the spread of the coronavirus.

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March 20, 2020

COVID19

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