Coventry Mall

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Coventry Mall
Location North Coventry Township, Pennsylvania
Coordinates 40°14′08″N 75°39′44″W / 40.2356°N 75.6621°W / 40.2356; -75.6621Coordinates: 40°14′08″N 75°39′44″W / 40.2356°N 75.6621°W / 40.2356; -75.6621
Opening date 1967
Management Jones Lang LaSalle
Owner U.S. Bank National Association
No. of stores and services 102
No. of anchor tenants 4 (1 vacant)
Total retail floor area 802,275 sq ft (74,534 m2)[1]
No. of floors 1
Parking Lighted lot
Public transit access Pottstown Area Rapid Transit
Website Coventry Mall

Coventry Mall is a shopping mall in North Coventry Township, Pennsylvania (although its mailing address is Pottstown, PA). It is located at the interchange of Route 100 and Route 724.

Opened as The Norco Mall in October, 1967, it featured Sears, Britt's Department Store and Thrift Drug as anchors as well as thirteen smaller retail stores.[2] In 1974 the original open-air plan was enclosed and expanded to include a new anchor store, J.M. Fields, a two-plex movie theater operated by the Fox Theatres chain, and more than a dozen new retail spaces.[3] In 1982 the mall underwent further expansion and a name change to The Coventry Mall.

In 2004, Stoltz Real Estate Partners acquired the mall from The Goodman Co..[4] Mall owner Coventry Retail LP failed to make payments for the property and Jones Lang LaSalle became the receiver of the mall in March 2013. On September 19, 2013, the mall was sold at auction to U.S. Bank National Association for $49.5 million. Jones Lang LaSalle continues as the receiver and manager of the mall.[5]

The mall is anchored by Boscov's, Kohl's, Dick's Sporting Goods, and Ross. There is a vacant anchor spot that was Sears, which closed in April 2012.[6]

Boscov's was originally occupied by Pomeroy's, which opened May 1995. Pomeroy's owners Allied Stores sold the chain to The Bon-Ton in June, 1987. This store closed around 1994

Kohl's was originally occupied by Hess's, which sold most of its stores to The Bon-Ton in 1994, but was unable to complete a deal with Bon-Ton on this store.[7] It instead became J.C. Penney for a short time,[8] then The Bon-Ton before finally becoming Kohl's.

Dick's Sporting Goods, and Ross occupies the building that first opened as J. M. Fields,which became Jefferson Ward in 1980, and then Bradlees in 1986.

References[edit]

  1. ^ "Coventry Mall Leasing Brochure". Stoltz Management Corporation. Retrieved August 3, 2012. 
  2. ^ Pottstown Mercury, Sept. 14, 1967
  3. ^ Pottstown Mercury Feb. 21, 1973
  4. ^ [1]
  5. ^ Rovins, Donna (September 19, 2013). "Coventry Mall sold at auction for $49.5M, will remain open". The Mercury. Retrieved November 5, 2013. 
  6. ^ Metz, Gretchen (December 29, 2011). "Two Sears in region on closing list". Daily Local News. Retrieved December 31, 2011. 
  7. ^ http://articles.mcall.com/1994-09-23/business/2985701_1_bon-ton-boscov-s-store-hess-s-department-stores
  8. ^ http://articles.philly.com/1995-10-08/news/25696361_1_mall-merchants-penneys-wal-mart

External links[edit]