Posted from HazletonNewsOne.com
Elestan Realty Company sells Church Hill Mall complex to 1065 Church Street Properties LLC
(Hazle Township, PA – November 5, 2021) – Elestan Realty Company recently announced the sale of the Church Hill Mall complex along Route 309 in Hazle Township to the 1065 Church Street Properties LLC investment group.
Dr. Krish Patel, who is head of investment for 1065 Church Street Properties, said the company plans to rename the space Church Hill Commons and invest approximately $2 million into property renovations. The investment group is also looking into further developing the property, which covers more than 14 acres and contains 168,000 square feet of retail space.
Edward Genetti built Church Hill Mall in just nine months in 1967 and co-owned the property for decades with his brother, Richard. Edward’s son, Tim Genetti, president of Elestan Realty, has managed the property for the past several years.
“Church Hill Mall has always been a family-owned business. It’s been an honor to manage the property all these years. I’m thrilled to have a local business owner taking it over who will continue to make it the first-class business center it has always been,” Tim Genetti said.
1065 Church Street Properties has investments in several properties throughout Greater Hazleton, including Sunset Plaza on the Airport Beltway and two residential apartment buildings along Route 93 near Penn State University’s Hazleton campus. The group also owns the Taylor Commons in Taylor.
“We are honored to continue the Genetti’s legacy in Greater Hazleton and plan to maintain this property as the shopping and service destination that is has been for decades,” Dr. Patel said.
At the time Church Hill Mall was constructed, it was the only significant shopping center in Greater Hazleton. For more than 50 years, the mall has continued to thrive as a full-service shopping center due to its prime location along Route 309 near Hazleton and near other main highways including Route 93 and the Airport Beltway.
In addition to the mall itself, the complex includes the buildings where Firestone Complete Auto Care and Jumbo China Buffet operate. The main building was designed to have two anchor tenants, a supermarket and a discount merchandise store. Ollie’s Bargain Outlet and Key Foods are the mall’s current anchor tenants. Past tenants include Genetti’s grocery store, Gaylords and Value City.
Long-term tenants include Firestone, the Pennsylvania Liquor Control Board’s Fine Wine & Spirits store and Angelique Boutique. Church Hill Mall also has a strong medical presence that includes Physical Therapy at St. Luke’s and FYZICAL Therapy & Balance Centers.