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Hundreds of shopping malls across the country require substantial investment to stay alive in today’s market, but disagreements over how much the properties are worth — even among professional appraisers — have left many of them sitting stagnant.��

Gautham Vadakkepatt, director of the , told he has seen mall valuations fall “astronomically” in recent years. He said customers who can buy most products online don’t want to drive to malls unless it is providing a special experience, and many malls haven’t maintained a strong enough tenant mix to make it worth the trip.��

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