Chambersburg Mall

Chambersburg Mall
Interior view of Chambersburg Mall, February 2015
Location Chambersburg, Pennsylvania, United States
Address 3055 Black Gap Rd, Chambersburg, PA 17202
Opening date 1982[1]
Developer Crown American
Management Namdar Realty Group
Owner Namdar Realty Group
No. of stores and services 38
No. of anchor tenants 2
Total retail floor area 454,350 square feet (42,000 m2)[1]
No. of floors 1
Website http://www.shopchambersburgmall.com/

Chambersburg Mall is a regional shopping mall located near Chambersburg, Pennsylvania in the unincorporated community of Scotland. Located at exit 20 off Interstate 81, the mall has 38 stores and a capacity of 64 as of December 2008.[2]

History

Chambersburg Mall opened in 1982 under Crown American mall developers with Hess's, Gee Bee, and Carmike Cinemas. Bon-Ton was added in 1985 as Eyerly's and Sears was added in 1991 when it moved from a location in downtown Chambersburg.[3] Over time, Hess's closed all of its stores and the mall's store was replaced with JCPenney, which moved from a plaza in downtown Chambersburg. Gee Bee stores folded in 1992 and were taken over by Value City which itself closed completely in 2008. The store was replaced with Burlington Coat Factory. Sears closed its Chambersburg Mall location in 2014. The space is now occupied by Black Rose Antiques and Collectibles, an antique mall which also operates in Hanover, Pennsylvania and Allentown, Pennsylvania. The antique mall opened in August 2015.[4] JCPenney closed its doors in July 2015 and in August 2018, Bon-Ton closed its doors as a result of the entire chain filing for bankruptcy. Both currently have no name replacement as of September 2018 although the mall has been in talks with those interested in the spaces.[5]

Crown American's mall portfolio was acquired by Pennsylvania Real Estate Investment Trust (PREIT) in 2003. In 2009, U.S. News & World Report named the mall one of the 10 most endangered in the United States, calling it a "sleepy mall a perennial underperformer". The mall has an occupancy rate of 62 percent and sales of $234 per square foot.[6] In May 2012, the mall was put up for sale again. A 10/29/13 report by the Chambersburg Public Opinion confirmed that an unknown party has put a non-refundable deposit on the mall.[7] In November 2013, the mall was officially sold to Mason Asset Management for $8.8 million.[8] PREIT expected the net proceeds from the sale to be $8.4 million.[8] As of August 2018, the mall is owned by Namdar Realty Group.[9]

Chambersburg Mall has two major anchor stores: Black Rose Antiques & Collectibles, and Burlington Coat Factory. The mall continues to operate a seven-theater complex which is now an AMC Classic due to Carmike Cinemas being acquired by AMC Theatres in 2016. Gold's Gym also operates in the mall after moving from another shopping center in downtown Chambersburg in early 2015. Chambersburg Mall had as many as 75 stores at its peak in the 1990s and early 2000s, but due to competition from newer shopping centers in the area as well as other factors including online shopping, the number of stores has dwindled down to approximately 38.

See also

References

  1. 1 2 "Chambersburg Mall Fact Sheet" (PDF). PREIT. Archived from the original (PDF) on March 15, 2012. Retrieved May 2, 2011.
  2. ↑ "Archived copy". Archived from the original on 2008-12-16. Retrieved 2009-12-31.
  3. ↑ https://news.google.com/newspapers?id=xKFdAAAAIBAJ&sjid=-VwNAAAAIBAJ&pg=713%2C1796599&dq=chambersburg-mall+bon-ton&hl=en
  4. ↑ http://www.publicopiniononline.com/local/ci_27504325/antique-store-fill-former-sears-location-at-chambersburg%5Bpermanent+dead+link%5D
  5. ↑ https://www.publicopiniononline.com/story/money/business/2018/04/27/bon-ton-closure-makes-chambersburg-malls-future-more-uncertain/541842002/
  6. ↑ Newman, Rick. 26 June 2009, U.S. News & World Report, "America's Most Endangered Malls". Accessed 24 December 2011.
  7. ↑ http://www.publicopiniononline.com/local/ci_24408796/sale-chambersburg-mall-under-contract%5Bpermanent+dead+link%5D
  8. 1 2 http://www.publicopiniononline.com/local/ci_24553074/chambersburg-mall-sold-8-8m%5Bpermanent+dead+link%5D
  9. ↑ "Namdar Realty Group - Malls". Retrieved 2 August 2018.

Coordinates: 39°57′18″N 77°34′30″W / 39.955°N 77.575°W / 39.955; -77.575

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