Category: Press Releases

Press Releases from the Cafaro Company

Cafaro Acquires Grand Central Mall

Posted on | by Joe Bell

FOR IMMEDIATE RELEASE:

 

October 2, 2025

 

Contact:

 

Joe Bell

Director of Corporate Communications

Cafaro Company

jbell@cafarocompany.com

330-743-7688

724-730-4532 (Mobile)

 

Cafaro Remains Focused on Middle Markets

Acquires Grand Central Mall in West Virginia

 

One of the nation’s pre-eminent shopping center developers has expanded its property portfolio.  CAFARO is pleased to announce that it has acquired Grand Central Mall in Vienna/Parkersburg, West Virginia, from Washington Prime Group.  The acquisition was finalized on October 1, 2025.  The all-cash purchase price was not disclosed. This is the third Cafaro mall serving West Virginia, the others being Huntington Mall in Barboursville and Meadowbrook Mall in Bridgeport/Clarksburg.  Additionally, Ohio Valley Mall in St. Clairsville, Ohio, serves the Wheeling, West Virginia market.

            “We believe strongly in the viability of middle market shopping centers – a segment of the industry we have led for generations.” said Cafaro Company Co-President Anthony Cafaro, Jr.  “Consistent with the balance of our portfolio, we will be infusing the necessary capital and expertise to attract best-in-class retailers, restaurants, and entertainment venues to Grand Central Mall.  We are excited to incorporate Grand Central Mall and its vast trade area spanning two states into our portfolio of dominant fortress mall assets.”

In its fifth decade of operation, Grand Central Mall has consistently evolved its offerings and boasts over 5 million unique visits annually. Recent additions include the redevelopment of a former Sears anchor to accommodate retail stalwarts T.J.Maxx, HomeGoods, Ross Dress For Less, and PetSmart complemented by ULTA, Old Navy, Five Below, and Panera which shadow anchor the mall. Cafaro is in the planning stage of a future mall-wide renovation aimed at creating a more fresh, modern and functional atmosphere for its patrons and retail partners.

Grand Central Mall and contiguous centers and outparcels owned by Cafaro encompass nearly 1 million SF serving Vienna/Parkersburg, WV, and the surrounding region including, Marietta, Ohio.  The complex occupies nearly 100 acres on the Ohio River in the City of Vienna, and adjacent to the City of Parkersburg.  It is the only major shopping destination within a 70+ mile radius. The property offers a dynamic mix of more than 65 retailers, restaurants and other businesses.

 

About The Cafaro Company

CAFARO, based in Niles, Ohio, is one of the nation’s largest privately held shopping center developers. Founded by the late William M. Cafaro in 1949, the firm is now in its eighth decade and third generation as a family owned and managed business. Over the years, Cafaro-affiliated companies have developed, owned and managed more than 50 million square feet of commercial real estate in 14 states. With the purchase of Grand Central Mall, Cafaro will operate 13 enclosed malls, along with more than 40 open-air shopping centers, coast-to-coast.  For more information about Cafaro, visit online at www.cafarocompany.com.

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Next Generation Dick’s Sporting Goods Moving into Eastwood

Posted on | by Joe Bell

Eastwood Mall to Add Next Generation DICK’S Sporting Goods Store as New Mall Anchor

Posted 

Construction has officially commenced on a new Next Generation DICK’S Sporting Goods store at Eastwood Mall in Niles, Ohio. The new, larger format store will relocate from its current 52,000 square foot building in the adjacent Great East Plaza, a fixture of the Eastwood Mall Complex since 2004, into a massive, state-of-the-art 72,000 square foot anchor store within the enclosed mall. This move represents a major investment in the local community and a commitment to providing an unparalleled selection of top-tier apparel, footwear, gear & more for athletes across the Mahoning and Shenango Valleys.

The new store format completely reimagines the traditional DICK’S layout, bringing together an evolved selection of team-sport gear across baseball, softball, soccer, football, lacrosse, and hockey. The store will also include a House of Cleats, showcasing a 360-degree view of more than 400 cleats across multiple sports, an expanded premium footwear assortment, and multiple golf hitting bays equipped with Trackman technology.

“Moving and expanding DICK’S Sporting Goods to a premium anchor position within the mall is expected to drive significant traffic, benefit all of our tenants, and further solidify Eastwood Mall Complex as the region’s premier one-stop destination to shop, dine, stay and play,” said Johnny Chechitelli, mall owner CAFARO’s Regional Director of Marketing & Communications.

 

The current DICK’S Sporting Goods location in the adjacent Great East Plaza will remain open until the new store is ready to welcome customers, with a Grand Opening celebration anticipated in summer 2026. Further details regarding the official opening date and special events will be shared closer to the opening.

The Eastwood Mall Complex is located at 5555 Youngstown-Warren Road, in Niles, Ohio. It is one of America’s largest shopping centers, with nearly 200 department stores, specialty shops, restaurants, hotels and entertainment options. The Eastwood Mall Complex is owned and managed in association with Cafaro-affiliated companies, based in Niles, Ohio. For more information, visit online at: www.eastwoodmall.com and www.cafarocompany.com.

New businesses opening at Kennedy Mall

Posted on | by Joe Bell

 

FOR IMMEDIATE RELEASE:

October 8, 2025

Contacts:

 

Joe Bell                                                                      Logan Winn

Director of Corporate Communications                Marketing Director

Cafaro Company                                                      Kennedy Mall

jbell@cafarocompany.com                                     marketingdirector@kennedymall.com

330-743-7688                                                           563-556-1994  ext. 102

724-730-4532 (Mobile)

 

Diverse New Businesses Opening at Kennedy Mall

The lineup of new businesses continues to grow at Kennedy Mall in Dubuque, Iowa.  Thirsty Guys is now open and catering to the growing crowd of boba tea fans. The 875 square foot shop is located next to Shoe Carnival. Boba tea, also known as bubble tea or pearl milk tea, is a Taiwanese beverage invented in the 1980s. It typically consists of a tea base mixed with milk or fruit and chewy tapioca pearls, often called “boba”.  Thirsty Guys features dozens of delicious varieties of boba tea, as well as smoothies and snacks, such as guacamole on toast, loaded nachos, avocado cheese sandwiches and hummus with pita.

A very different type of business will soon be opening elsewhere in the mall.  Fresenius Medical Care is scheduled to open in early 2026.  This new health care facility will provide dialysis services to patients in a 10,240 square foot clinical space on the northern end of the mall.  It will be located near Books-A-Million and Marshalls, which is set to open next summer. Fresenius Medical Care is the world’s leading provider of products and services for individuals with renal diseases. Through its network of 3,674 dialysis clinics, Fresenius Medical Care provides dialysis treatments for nearly 300,000 patients around the globe.  Prior to its opening at Kennedy Mall, Fresenius will be seeking new staff members.  There will be a hiring event in Center Court on Friday, November 7, from noon to 4pm.

Kennedy Mall has been serving the people of northeast Iowa, as well as nearby communities in Wisconsin and Illinois, since 1970.  Located at 555 J.F.K. Road in Dubuque, the complex encompasses nearly 700,000 square feet of space. Asbury Plaza is located at the intersection of Iowa Route 32 (Northwest Arterial) and Asbury Road in Dubuque, Iowa.  The mall and plaza are owned and managed as part of the Cafaro family of companies, based in Niles, Ohio.  For more information, visit www.cafarocompany.com and www.kennedymall.com.

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