Hugh shopping mall owner General Growth has officially filed for bankruptcy, a move that was rumored to be likely a couple of weeks ago.
Dallas-Fort Worth properties of General Growth include the Galleria, Collin Creek, Stonebriar, Hulen, Vista Ridge, Town East and Parks at Arlington.
If it could find buyers, to save money, GG could dump Town East and Vista Ridge, as the two oldest sites. But, it's been looking for buyers and has been unsuccessful.
Company President Thomas J. Nolan said the bankruptcy would be "invisible to consumers."
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