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Mall Staple Forever 21 May Be Considering Bankruptcy Filing, Report Says

Two Large Landlords, Simon, Brookfield, Could Be Affected If Los Angeles Retailer Closes Stores
Forever 21 is reportedly close to filing for Chapter 11 bankruptcy protection after moves, including the sale of its Los Angeles headquarters, stalled. (CoStar)
Forever 21 is reportedly close to filing for Chapter 11 bankruptcy protection after moves, including the sale of its Los Angeles headquarters, stalled. (CoStar)
By Jennifer Waters
CoStar News
August 29, 2019 | 8:08 P.M.

Forever 21 is reportedly headed for bankruptcy protection in a move that could create more vacancy headaches for mall owners Simon Property Group and Brookfield Property Partners, the teen apparel chain’s largest landlords.

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News | Mall Staple Forever 21 May Be Considering Bankruptcy Filing, Report Says