Friday, March 20, 2009

Valley Plaza Mall

I have read in the Californian that construction on the Target Store at Valley Plaza Mall stopped dead in its tracks.

My theory for the shutdown was because of financial issues with the owner of Valley Plaza Mall, General Growth Properties (ticker: GGP).

Isn't one wall of the mall now composed of temporary plastic sheets from tearing down the previous store? If so, it may stay that way for a while.

GGP may be forced into bankruptcy today.

No comments:

Post a Comment