But maybe ownership is challenged by the realities of their location.
I seem to remember that Ridgmar was, at one time, considered to be a "regional mall" while Hulen was more of a "local mall."
Hulen Mall original comprised of a single concourse that ran parallel to Hulen Street with an anchor at each end. In 1994 a new wing opened that included the westernmost anchor and the current food court. Leasable square footage increased from 580,000 to 916,700 square feet.
Meanwhile Ridgmar has a whopping 1,274,470 square feet of retail space. Their Wiki claims it is "the main shopping destination in Fort Worth, also serving other rural areas within proximity to Fort Worth." The first part of that claim is clearly outdated at this point, the second, though, supports my assertion that the mall was targeted to be a "regional mall."
I think Ridgmar is oversized for what it is. It's not a regional mall (despite their aspirations); Hulen Mall's 1994 expansion closed to the door on that. The expansion of Hulen, by the way, came with a major update.
Ridgmar Mall is so massive that updates never seemed to be completed; by the time they got to the end they were updating to a later style and the other end of the mall was already out of date. Since they started their remodel from the original 1970s decor (which was nice be clearly out of style), it's always been kind of a hodge-podge of styles and seems.... sloppy.
I suppose a good chunk of that is on the ownership over the years.