Sun Equity Partners purchased the mall for $30 million in January 2015. In summer 2014, the mall was foreclosed and put up for sale. In 2009, Target replaced the United Artists Theatre and moved in as an anchor. In December 2005, Cheltenham Mall was acquired by Thor Equities for $71.5 million from Simon Property Group. Also in 1997, the Clover store closed and was replaced by Value City.
However, Bradlees never opened due to bankruptcy, so their space instead became Burlington Coat Factory (now known as Burlington).
The lower level of the store became a ShopRite grocery store in 1995, and the upper level was slated to become a Bradlees discount store a year later. Gimbels was an original anchor and closed in 1986. 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. As part of the 1981 enclosure project, Clover was added as a second anchor. DeBartolo Corporation, it originally featured a Gimbels as the main anchor store. History Ĭheltenham Square Mall, formerly the Cheltenham Shopping Center, opened in 1959 and was enclosed in 1981. Greenleaf at Cheltenham is anchored by Target, ShopRite, Burlington, and The Home Depot and contains smaller stores and restaurants such as Marshalls, LA Fitness, Old Navy, Panda Express, Mad Rag, KicksUSA, Oak Street Health, and Chipotle Mexican Grill.
It draws most of its customers from Northwest Philadelphia. Greenleaf at Cheltenham, formerly the Cheltenham Square Mall, is an outdoor shopping center and former enclosed shopping mall, which is situated on Cheltenham Avenue between Ogontz Avenue ( PA 309) and Washington Lane on the border of Philadelphia and Cheltenham Township, Pennsylvania.
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