Commercial real estate is seeing new low as the one of the biggest mall operator files for real estate bankruptcy. General Growth Properties owns more than 200 malls all over the US. Many other operators and mall owners are feeling the effects of lower economy and the recent slow down. Many of the prime value owners are considering their next move and some of those might end up on the same front. The bankruptcy move makes the company leaner to do business effectively. Many of these giant companies were on buying spree so far and accumulated huge losses. Business for these companies is not very good as it used to be some years before.  There are no other ways to solve the liquidity and liability issues effectively and it is in interest of the company to do so.