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Wikipedia

Cafaro Company

The Cafaro Company is an American property management and real estate development company which owns several retail shopping centers throughout the United States. Based in Niles, Ohio, it is the largest privately owned shopping center development and management company in the U.S., managing more than 30,000,000 square feet (2,800,000 m2) of commercial real estate throughout the country.[1][2]

Cafaro Company
Company typePrivate
IndustryRetail
Founded1949; 75 years ago (1949)
FoundersWilliam M. Cafaro and John A. Cafaro
Headquarters
Area served
United States
ServicesProperty management
Real estate development
Websitewww.cafarocompany.com

History edit

Brothers William M. Cafaro and John A. Cafaro began developing grocery stores for Kroger starting in 1942.[3] In 1949, the Cafaro brothers formed the Cafaro Company. They began developing shopping centers, starting with a grocery plaza in Sharon, Pennsylvania. The two brothers managed the non-grocery tenants in the centers they developed.

In 1965, Cafaro opened its first regional shopping mall property, American Mall in Lima, Ohio.[1] The company’s first regional mall projects were primarily localized to Ohio, Michigan, Indiana, Pennsylvania, and West Virginia throughout the 1970s and 1980s.[1] In 1970, Cafaro opened the first enclosed mall in Iowa, Kennedy Mall in Dubuque.[3] In 1988, Target Corporation asked the company to develop centers for the retailer in the Pacific Northwest, expanding the company portfolio to Washington and Oregon and resulting in the establishment of an office in Puyallup, Washington.[1] William M. Cafaro died in April 1998.[3]

The Cafaro Company divulged in portfolio diversification with projects such as the Eastwood Field baseball park and multi-function complexes such as the renovated Millcreek Mall and Spotsylvania Towne Centre in the 2000s.[3] Anthony M. Cafaro, Sr., son of company founder William M. Cafaro, retired as president of the Cafaro Company in December 2009 and was succeeded by his sons Anthony Cafaro, Jr. and William A. Cafaro.[4]

Enclosed mall properties edit

Former properties edit

Canceled edit

References edit

  1. ^ a b c d Shearin, Randall (May 2006). . Shopping Center Business. Archived from the original on 2008-02-28. Retrieved 2008-06-04.
  2. ^ . Archived from the original on 2007-03-07. Retrieved 2007-02-24.
  3. ^ a b c d "About Cafaro". cafarocompany.com. Cafaro Company. Retrieved October 13, 2022.
  4. ^ "Cafaro Co. announces senior retirements". Chain Store Age. Retrieved 2020-12-29.

External links edit

  • Official website

cafaro, company, american, property, management, real, estate, development, company, which, owns, several, retail, shopping, centers, throughout, united, states, based, niles, ohio, largest, privately, owned, shopping, center, development, management, company,. The Cafaro Company is an American property management and real estate development company which owns several retail shopping centers throughout the United States Based in Niles Ohio it is the largest privately owned shopping center development and management company in the U S managing more than 30 000 000 square feet 2 800 000 m2 of commercial real estate throughout the country 1 2 Cafaro CompanyCompany typePrivateIndustryRetailFounded1949 75 years ago 1949 FoundersWilliam M Cafaro and John A CafaroHeadquartersNiles Ohio U S Area servedUnited StatesServicesProperty managementReal estate developmentWebsitewww cafarocompany com Contents 1 History 2 Enclosed mall properties 3 Former properties 4 Canceled 5 References 6 External linksHistory editBrothers William M Cafaro and John A Cafaro began developing grocery stores for Kroger starting in 1942 3 In 1949 the Cafaro brothers formed the Cafaro Company They began developing shopping centers starting with a grocery plaza in Sharon Pennsylvania The two brothers managed the non grocery tenants in the centers they developed In 1965 Cafaro opened its first regional shopping mall property American Mall in Lima Ohio 1 The company s first regional mall projects were primarily localized to Ohio Michigan Indiana Pennsylvania and West Virginia throughout the 1970s and 1980s 1 In 1970 Cafaro opened the first enclosed mall in Iowa Kennedy Mall in Dubuque 3 In 1988 Target Corporation asked the company to develop centers for the retailer in the Pacific Northwest expanding the company portfolio to Washington and Oregon and resulting in the establishment of an office in Puyallup Washington 1 William M Cafaro died in April 1998 3 The Cafaro Company divulged in portfolio diversification with projects such as the Eastwood Field baseball park and multi function complexes such as the renovated Millcreek Mall and Spotsylvania Towne Centre in the 2000s 3 Anthony M Cafaro Sr son of company founder William M Cafaro retired as president of the Cafaro Company in December 2009 and was succeeded by his sons Anthony Cafaro Jr and William A Cafaro 4 Enclosed mall properties editProperty Name Location Eastwood Mall Niles Ohio Governor s Square Mall Clarksville Tennessee Huntington Mall Barboursville West Virginia Kennedy Mall Dubuque Iowa Kentucky Oaks Mall Paducah Kentucky The Mall of Monroe Monroe Michigan Meadowbrook Mall Bridgeport West Virginia Millcreek Mall Erie Pennsylvania Ohio Valley Mall St Clairsville Ohio Sandusky Mall Sandusky Ohio South Hill Mall Puyallup Washington Spotsylvania Towne Centre Fredericksburg VirginiaFormer properties editProperty Name Location American Mall Lima Ohio Ashtabula Towne Square Ashtabula Ohio Beaver Valley Mall Monaca Pennsylvania Charleston Town Center Charleston West Virginia Eastgate Plaza formerly Eastgate Mall Wichita Kansas Five Points Mall formerly North Park Mall Marion Indiana Fort Saginaw Mall Saginaw Michigan Marion Centre formerly Southland Mall Marion Ohio McGuffey Mall Youngstown Ohio Southern Park Mall co developer Boardman Ohio Tallahassee Mall Tallahassee FloridaCanceled editLiberty Lake Mall Spokane WashingtonReferences edit a b c d Shearin Randall May 2006 Cafaro s Next Generation Shopping Center Business Archived from the original on 2008 02 28 Retrieved 2008 06 04 Cafaro Archived from the original on 2007 03 07 Retrieved 2007 02 24 a b c d About Cafaro cafarocompany com Cafaro Company Retrieved October 13 2022 Cafaro Co announces senior retirements Chain Store Age Retrieved 2020 12 29 External links editOfficial website Retrieved from https en wikipedia org w index php title Cafaro Company amp oldid 1212477880, wikipedia, wiki, book, books, library,

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