The Cafaro Company is an American property management and real estate development company headquartered in Niles, Ohio. It is the largest privately-owned shopping center development and management company in the U.S., managing more than of commercial real estate throughout the country.
History Brothers William M. Cafaro and John A. Cafaro began developing grocery stores for Kroger in 1942. In 1949, they formed William M. Cafaro & Associates and expanded into shopping center development, opening a grocery plaza in Sharon, Pennsylvania, and another Kroger-anchored center in Barberton, Ohio. The brothers also managed the non-grocery tenants in the centers they developed.
The Cafaro Company opened its first enclosed regional shopping mall, American Mall in Lima, Ohio, in 1965. Eastwood Mall followed in 1969, and in 1970 the company developed Kennedy Mall, the first enclosed shopping mall in Iowa. During the 1970s and 1980s, Cafaro concentrated its regional mall development in Ohio, Michigan, Indiana, Pennsylvania, and West Virginia. As the company expanded, William Cafaro's sons assumed larger leadership roles: Anthony Cafaro Sr. became president in 1978, while John J. Cafaro, as executive vice president, helped develop Meadowbrook Mall and Ohio Valley Mall.
In 1988, Target Corporation asked the company to develop shopping centers for the retailer in the Pacific Northwest, expanding the company portfolio into Washington and Oregon and resulting in the establishment of an office in Puyallup, Washington. William M. Cafaro died in April 1998.
In the 2000s, the company diversified into sports and mixed-use development projects, including 7 17 Credit Union Field at Eastwood (formerly known as Cafaro Field and Eastwood Field) and major redevelopments at properties such as Millcreek Mall and Spotsylvania Towne Centre. In 2009, Anthony Cafaro Sr. and John J. Cafaro retired as president and executive vice president, respectively, and were succeeded by Anthony Cafaro Jr. and William A. Cafaro.
Enclosed mall properties Property Name Location Eastwood Mall Niles, Ohio Governor's Square Mall Clarksville, Tennessee Grand Central Mall Vienna, West Virginia 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, Virginia Grand Central Mall Vienna, West Virginia
Former properties Property 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, Florida
References
External links Official website