ST. AUGUSTINE, Fla. – Simon Property Group, the largest owner of shopping malls in the nation, closed all of its malls starting at 7 p.m. Wednesday, a release said. THE LATEST | Coronavirus special section | LIST: Cancellations & changes for Jacksonville-area eventsThe malls will be closed from Wednesday until March 29. There are three local Simon Malls in the Northeast Florida area:Store owners at the St. Augustine Premium Outlets told News4Jax the closing will be devastating for the businesses there. What do we do?” said Michael Hunt, co-owner of St. Augustine Soap Company. “We’re shipping online for folks, and for everybody that’s buying online, we’re giving them a free item to cover shipping costs," Hunt said.