Greenbrier Mall Explained

Greenbrier Mall
Location:Chesapeake, Virginia, United States
Address:1401 Greenbrier Parkway South
Owner:CBRE
Number Of Stores:114[1]
Number Of Anchors:4 (3 open, 1 vacant)
Floor Area:898416square feet
Floors:2

Greenbrier Mall is a nearly regional mall in Chesapeake, Virginia, United States in the Hampton Roads metropolitan area. The mall has a hillside terrain, with entries on both upper and lower levels. It serves communities on the east coast in the states of Virginia and North Carolina.[2]

The mall currently has 114 retailers, three anchors (Dillard's, JCPenney, and Macy's with one vacant anchor last occupied by Sears), several eateries at the mall's food court, including Chick-fil-A, several restaurants including Abuelo's, Olive Garden, Red Robin, Black Pelican Seafood, and Cinema Café dinner movie theater.

History

The mall's original anchors were Miller & Rhoads (sold to Hecht's in 1990[3]), Sears, and Leggett, a division of Belk. Hess's was added in 1987.[4]

Proffitt's, which acquired the former Hess's in 1993, was sold to Dillard's in 1996.[5] The Leggett store briefly operated as Belk before it was traded to Dillard's in 1998 as part of a mutual exchange.[6] The former Belk became a men's and children's auxiliary store.[7]

In 2003, Greenbrier Mall underwent an extensive renovation. Dillard's consolidated both stores to the former Proffitt's at the east end with a 160000square feet reconstruction. In addition, the mall received a new color scheme and its current "G" mall logo, and the former Leggett/Belk/Dillard's building was converted to JCPenney.[8]

In April 2004, during the renovation, CBL & Associates acquired the mall from Gregory Greenfield & Associates, Ltd. for $102.5 million. A year later, the new JCPenney department store was completed, and officially opened at the north end of the mall.[9] In 2006, as part of a nationwide transition, Hecht's was rebranded as Macy's.

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Greenbrier Mall, into Seritage Growth Properties.[10]

On June 28, 2018, Sears announced that its store would be closing as part of a plan to close 78 stores nationwide. The store closed in September 2018.[11]

In 2019, Gameworks, formerly Jillians, announced it will move to MacArthur Center by spring 2020.However these plans has been shelved due to the closure of all (expect 1) of their locations.

In 2020, a Rosie's Gaming Emporium, a bar, four restaurants, and a hotel was proposed to take the lot formerly occupied by Sears. On September 15, 2020, Chesapeake City council withdrawn proposal because traffic concern on 2 intersections along Greenbrier Pkwy, Crosssways Blvd, and Eden Way North.[12]

On March 10, 2022, the mall was placed into receivership with CBL & Associates anticipating returning the property to the lender.[13] The property officially transferred to the lender in October 2022.[14]

External links

Notes and References

  1. Web site: Greenbrier Mall . CBL & Associates Properties, Inc. . 2011-01-31 . https://web.archive.org/web/20110708125842/http://www.cblproperties.com/pag.nsf/CorpSiteByAlphaWeb/Greenbrier+Mall?opendocument . 2011-07-08 . dead .
  2. Web site: Greenbrier Mall . Tourism Website of the Commonwealth of Virginia . dead . https://web.archive.org/web/20090119170504/http://www.virginia.org/site/description.asp?AttrID=22801 . 2009-01-19 .
  3. Web site: Judge Oks Sale Of Stores. 2 May 2018.
  4. Web site: Hess's Plans 8th Hampton Roads Store. 2 May 2018.
  5. Web site: Proffitt's To Sell Off Area Stores To Dillard's. 2 May 2018.
  6. News: Dillard's, Inc. and Belk, Inc. Complete Exchange of Stores.. Business Wire . 1998-09-22.
  7. Web site: Dillard's To Take Over Belk Space In Nn Mall. 2 May 2018.
  8. Web site: JC Penney may open Greenbrier Mall location . Kari . Lomanno . 2003-03-03 . Inside Business . 2011-01-31 . 2011-07-13 . https://web.archive.org/web/20110713040746/http://www.insidebiz.com/news/jc-penney-may-open-greenbrier-mall-location . dead .
  9. Web site: CBL & Associates Properties Acquires Greenbrier Mall in Chesapeake, VA, for $102.5 Million . 2004-04-08 . Business Wire .
  10. Web site: At Greenbrier Mall Seritage. seritage.com.
  11. Web site: Sears closing Virginia Beach, Chesapeake stores. 13newsnow.com. en-US.
  12. Web site: Plans proposed for entertainment complex at old Sears store at Greenbrier Mall. 13newsnow.com. 17 February 2020 . en-US.
  13. Web site: CBL Earnings Release and Supplemental Financial and Operating Information For the Three Months and Year Ended December 31, 2021 . 5 April 2022.
  14. Web site: Chesapeake, Virginia Property Information . 11 October 2022.