J.C. Penney is the king of the Class-B mall — and that's OK
from The Motley Fool
In recent years, there has been a bifurcation of malls between Class A properties — those that have the highest sales per square foot — and those rated B or C by Green Street Advisors. Despite the supposed death of the mall, Class A properties remain vibrant retail hubs, with stable or rising sales per square foot. As a result, there is ample demand for space at these malls. By contrast, B- and C-rated malls are enduring traffic and sales declines.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063