Greenleaf at Cheltenham

Cheltenham Mall, looking Northeast
Location Cheltenham Township, Pennsylvania, U.S.
Coordinates 40°04′21″N 75°09′15″W / 40.072398°N 75.154059°W / 40.072398; -75.154059Coordinates: 40°04′21″N 75°09′15″W / 40.072398°N 75.154059°W / 40.072398; -75.154059
Opening date 1959[1]
Management Sun Equity Partners
Owner Sun Equity Partners
No. of stores and services 65
No. of anchor tenants 6
Total retail floor area 634,052 square feet (58,905.4 m2)[2]
No. of floors 1
Parking Parking lot
Public transit access SEPTA bus: 6, 16, 22, 80, H, XH
Website Cheltenham Mall

Greenleaf at Cheltenham, formerly Cheltenham Square Mall, was an enclosed shopping mall along Cheltenham Avenue between Ogontz Avenue (PA 309) and Washington Lane on the border of Philadelphia and Cheltenham Township, Pennsylvania. The mall opened in 1959.[1] and was enclosed in 1981.[3] The mall is currently undergoing renovations and will open new anchor stores as an outdoor shopping center starting in 2018. It serves a diverse demographic (i.e. race, age, income) and draws most of its customers from Northwest Philadelphia.

The mall was taken over by New York City based Thor Equities when Simon Property Group sold the mall in 2005 for $71.5 million.[3][4] In summer 2014, the mall was foreclosed and put up for sale. Sun Equity Partners purchased the mall for $30 million in January 2015.[4]

The property was renamed Greenleaf at Cheltenham after redevelopment.[5]

References

  1. 1 2 "A ROAD WELL TRAVELED CHELTENHAM AVENUE'S TWO VINTAGE SHOPPING CENTERS SHAKE OFF THE DUST AND REINVENT THEMSELVES". Philadelphia Daily News. February 13, 1995. Retrieved May 4, 2011.
  2. ↑ "Cheltenham Square Mall Portfolio". Thor Equities. Retrieved August 3, 2012.
  3. 1 2 Holcomb, Henry J. (November 23, 2005). "Cheltenham Square Mall acquired". The Philadelphia Inquirer. Retrieved February 5, 2014.
  4. 1 2 Kostelini, Natalie (January 27, 2015). "Cheltenham Square Mall sells for $30M". Philadelphia Business Journal. Retrieved February 15, 2015.
  5. ↑ https://www.metrocommercial.com/landlord-services/cheltenham-mall-redevelopment/


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