"Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 million Older low-end malls are worth at least 50% and sometimes more than 70% less than they were when mall valuations peaked in late 2016"

Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 million

Older low-end malls are worth at least 50% and sometimes more than 70% less than they were when mall valuations peaked in late 2016, said an analyst at Green Street

🔓https://t.co/Fxxf6hsnYE

— Nick Timiraos (@NickTimiraos) August 1, 2023