The shopping mall as we know it became popular in the United States in the 1950s as a suburban lifestyle took hold and interstate highways were built. For the first time, shoppers were able to travel further from home to purchase a wide variety of items.
For decades, shopping malls represented a steadily growing asset class and were considered safe and prosperous real estate investments. Read more on:
https://www.forbes.com/sites/forbesbusinesscouncil/2022/10/18/are-shopping-malls-still-sound-real-estate-investments/?sh=2d1934b93d02