How Many Malls Does Simon Property Own? A Look At Its Massive Portfolio

Simon Property Group (SPG) is a real estate investment trust (REIT) that specializes in shopping malls. They have a diverse portfolio that includes malls, outlet centers, and other retail properties across the United States and Puerto Rico.

How Many Malls Does Simon Property Own?

SPG owns or has an interest in approximately 93 malls across the country. These malls are strategically located in major metropolitan areas and suburban locations, providing a wide reach to consumers. The malls in their portfolio represent a significant share of the U.S. mall market, making them a major player in the retail industry.

Beyond the Numbers

It’s important to note that the number of malls Simon Property owns isn’t just about quantity, but about quality. These aren’t just any malls; they’re high-performing, top-tier properties that draw large crowds and generate substantial revenue. They’ve carefully curated their portfolio to include malls that are well-positioned in their respective markets and offer a mix of popular retailers, dining options, and entertainment venues.

This focus on quality has helped Simon Property maintain its strong performance in the face of challenges in the retail landscape. While some malls struggle in the digital age, SPG has actively adapted, investing in renovations, adding new attractions, and incorporating technology to enhance the shopping experience. This strategic approach has allowed them to keep their malls relevant and thriving.

For those interested in investing in real estate, Simon Property’s success underscores the importance of selecting properties that are strategically located, well-maintained, and offer a desirable shopping experience. By focusing on quality over quantity, SPG has positioned itself as a leader in the retail real estate industry and continues to attract tenants and shoppers alike.