Why did Pittsburgh Mills close?
Let’s face facts – it doesn’t look great at the Pittsburgh Mills mall right now. After years of struggling to attract and retain stores, the mall had a high vacancy rate, and that was before it was forced to shut down for almost 12 weeks due to the COVID-19 pandemic.
Why did Pittsburgh Mills mall fail?
The bank was acting as trustee for MSCI 2007 HQ11, the trust that bought the mall. The so-called regional supermall located along Route 28 bottomed out last year after Wells Fargo foreclosed on the property because Zamias Services could not keep up with mortgage payments.
Who bought Pittsburgh Mills mall?
— The Village at Pittsburgh Mills, a shopping center on property adjacent to the Galleria at Pittsburgh Mills mall in Tarentum, is now under new ownership. The over 149,000-square-foot property was purchased by First National Realty Partners LLC, a real estate investment firm based out of Red Bank, New Jersey.
What stores does the Pittsburgh Mills have?
Store list – Stores in The Village at Pittsburgh Mills
- Aspen Dental.
- Best Buy.
- Bob’s Subs.
- Chili’s Grill & Bar.
- Dollar Tree.
- Eat’n Park.
What happened to the Galleria at Pittsburgh Mills?
Despite opening to much fanfare in 2005, the Galleria portion of Pittsburgh Mills would never see the success that its owners had hoped. Only a year after opening, Lucky Strike Lanes closed, and was eventually replaced with two restaurants, Dingbats and Abate Seafood, and a banquet hall.
When did the Galleria at Pittsburgh Mills Open?
July 14, 2005Galleria at Pittsburgh Mills / Opened
How much did Mills mall sell for?
The Pittsburgh Mills was sold for $11.35 million to Mason Asset Management of Long Island, N.Y. — almost twice its current assessed value of $6.48 million.