Existing tenants include a Giant supermarket, Boscov's, Barnes & Noble and Zany Brainy.
Cedar contemplates redevelopment of the Ward space and of the full mall property, according to a statement. The mall is located on 44 acres at Route 15 and Trindle Road.
This is Cedar's second Pennsylvania property. It purchased Loyola Plaza, a 293,000-sf mall in Williamsport, PA, in July. Cedar paid the former owner, Columbus, OH-based Glimcher Realty Trust, $18.3 million.
Loyal Plaza is 98% leased and anchored by a 67,000-sf Giant supermarket.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
