A-class malls are still doing well. The mall you're referring to in Bellevue, where I have also been, is a class-A mall.
Class-A malls tend to be in busier, higher wealth, sometimes more urban areas, have best in class furnishings, and have tier-1 national tenants, with many of those tenants catering to more of a premium/luxury consumer.
Most B-class or C-class malls, however, are dying.
Class-A malls tend to be in busier, higher wealth, sometimes more urban areas, have best in class furnishings, and have tier-1 national tenants, with many of those tenants catering to more of a premium/luxury consumer.
Most B-class or C-class malls, however, are dying.