Eastland Mall (Columbus, Ohio)
| Location | Columbus, Ohio |
|---|---|
| Coordinates | Lua error in package.lua at line 80: module 'strict' not found. |
| Address | 2720 Eastland Square |
| Opening date | 1968 |
| Developer | Richard E. Jacobs |
| Management | Woodmont Manager |
| Owner | The Woodmont Company |
| No. of stores and services | 80[1] |
| No. of anchor tenants | 4 (2 vacant)[1] |
| Total retail floor area | Lua error in Module:Convert at line 272: attempt to index local 'cat' (a nil value).[1] |
| No. of floors | 1 (2 in Sears, JCPenney, and Kaufmann's/Macy's; 3 in Lazarus/Macy's) |
Eastland Mall is an enclosed shopping mall in Columbus, Ohio. Opened in 1968, it is anchored by Macy's and Sears, with two vacant anchors originally occupied by Lazarus and JC Penney. The mall is managed by Woodmont Management.
History
The mall was built in 1968 by Richard E. Jacobs group, who also developed Columbus's Northland and Westland Malls.[2] It was the first enclosed shopping mall in Columbus.[1] As with the other two "directional" Jacobs malls in Columbus, Eastland's original anchors included J. C. Penney, Sears, and Lazarus.[3]
Although Eastland itself is a single-story mall, all three of its original anchor stores were constructed with two stories of retail space. The Sears store closed off its upper level at some point during the 1980s.
It remained under Jacobs' ownership until Glimcher Realty Trust bought it in December 2003. The property became Glimcher's second mall in Columbus, following Polaris Fashion Place. Among Glimcher's first moves with the property was to add a fourth anchor, Kaufmann's. This Kaufmann's was the first in a "lifestyle" prototype featuring a smaller floor plan with wider aisles.[4] The same year, the Lazarus store became Lazarus-Macy's.[5] Macy's moved from the former Lazarus to the former Kaufmann's in 2006 when the Macy's chain purchased Kaufmann's then-parent company.[6] Three years later, Glimcher proposed to demolish the former Lazarus-Macy's building for a new J. C. Penney, while dividing Penney's existing store among new tenants.[7] However, as of 2013 the former Lazarus-Macy's building remains both standing and vacant. J. C. Penney announced the closure of its existing store in early 2015.[8]
With the closure and subsequent demolition of Northland in 2002, Eastland is the oldest operating shopping mall in Central Ohio.
Glitches defaulted on the mall's mortgage loan in 2012 and turned the property over via a Deed in lieu of foreclosure to the lender, a CMBS trust that was serviced by LNR Property, in August 2014.[9][10]
In March 2015, the mall was reportedly sold for $9.25 million.[11]
References
- ↑ 1.0 1.1 1.2 1.3 Lua error in package.lua at line 80: module 'strict' not found.
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- ↑ http://www.springfieldnewssun.com/news/business/jc-penney-closing-two-area-stores/njhq8/
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
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