While retail's slump has some investors concerned about the future of malls, one investment pro thinks fears of shopping centers' demise is premature — at least for the good-quality ones.
"There are malls which are in trouble. There are shopping centers, there are offices, and this has been going on for hundreds of years," said Marc Halle, head of global real estate securities at Prudential Real Estate Investors and senior portfolio manager of the Prudential Global Real Estate Fund.
"Good properties, well located, well managed, will continue to do well."
Those "A-quality" malls are seeing a lot of shoppers and a lot of sales, Halle told CNBC's "Power Lunch" Thursday.