CLEARFIELD, Pa. - After several months of business planning and negotiations, the Clearfield Mall is under new ownership.
Justin Bartholomew of Pennmark Real Estate Investors said over the next coming weeks, customers and tenants will notice an uptick in maintenance.
Pennmark is a full service real estate development and management company with properties spanning Pennsylvania, New Jersey and Ohio and a portfolio of approximately 3 million square feet of retail, office and flex space.
Bartholomew said the first type of retailer Pennmark will look to bring in are those that meet every day needs, such as fitness, medical care or daycare.
Bartholomew said they're considering bringing in a grocery store.
“When they first built this mall and opened it up, this was the place to be on Friday nights," said shopper Mike Russell. "That hallway would be filled with people and now it’s just desolate, so I hope these new owners can get the ball rolling again.”
Bartholomew said they plan to change how customers and tenants view the mall.
He said Pennmark's first plan of attack is to spend thousands of dollars to get the building back up to operating standards.
“There was a lot of neglect that took place there over the last several years," Bartholomew said. the parking lot was in rough condition, there was giant potholes behind the storm drains, sections of the roof need repaired and HVAC systems and lighting need repaired. Our first priority is to stabilize the patient and take care of these things that weren't paid attention too."
Pennmark was responsible for bringing Rural King to the county and currently owns the Clearfield Plaza.
"What I would like to see actually is another sit-down restaurant instead of all these fast food places," said shopper Andrew Maines.
"I’d like to see like a Harbor Freight Tools company come in or another electronic store," said Russell.
Bartholomew said Pennmark will honor all current leases.
There's no word on renovations will be completed.
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