Indiana's own Simon Property seems to be doing exceptionally well regardless of their . The Indianapolis based retail developer is opening new malls in Texas as well as reaping the benefits of rising rent costs; on average the square foot price is $26-$32. Simon is a haven for luxury retailers--from Circle Centre in Indianapolis with stores like Coach and Nordstrom (both great companies to own) to The Fashion Mall on the Las Vegas Strip with every department store desired for luxury shoppers (they don't have the local Sears or Penney's. With such a dependency on these stores doing well they are hoping that consumers keep spending and on luxurious items too.
From Yahoo Finance:
http://biz.yahoo.com/bizj/070718/1492835.html?.v=2
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