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Converted to power center Richland Mall Richland Town Center: Johnstown: 1974 - 1998 Redeveloped as a power center Schuylkill Mall: Frackville: October 9, 1980 - January 15, 2018 Demolished and later replaced by a warehouse Shop-A-Rama Levittown Town Center Levittown: Redeveloped as a power center Station Mall Station Medical Center Altoona
Real estate, shopping malls Zamias Services, Inc. is a commercial real estate leasing and management company based in Johnstown, Pennsylvania . The company was created by shopping mall developer George D. Zamias and traces its history back to 1957.
The shopping mall portion of the company became a publicly held real estate investment trust, Crown American Realty Trust, and Crown American Hotels controlled the company's hospitality businesses. At its peak, Crown American operated 30 shopping malls, the Hess's department store chain (with 73 locations), and 20 hotels and motels.
The Cafaro Company is an American property management and real estate development company which owns several retail shopping centers throughout the United States.Based in Niles, Ohio, it is the largest privately owned shopping center development and management company in the U.S., managing more than 30,000,000 square feet (2,800,000 m 2) of commercial real estate throughout the country.
On September 23, 2013, the Granite Run Mall was sold to BET Investments, a real estate development firm owned by Bruce Toll and Michael Markman, at a cost of $24 million. [9] BET Investments intends to convert the mall into a mixed-use development consisting of residential, retail, and entertainment.
[2] [12] [5] Zamias sold the mall to Gemini Real Estate Advisors for $57 million in 2008, but remained as management. [2] [13] Steve & Barry's had a small format store open for a short time at the mall in the late 2000s. [14] [15] Adar Johnstown Limited Liability Corporation purchased the property the mall is located on in 2014. [16]
There are four centers for sale, priced between $2.5 and $14.5 million, with three fully leased by tenants, according to LoopNet.com, an online commercial real estate marketplace.
In summer 2014, the mall was foreclosed and put up for sale. Sun Equity Partners purchased the mall for $30 million in January 2015. [6] [9] The mall underwent renovations and opened new stores [10] as an outdoor shopping center starting in 2018. The property was renamed Greenleaf at Cheltenham after redevelopment. [3] On April 20, 2018, a ...
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