Abrams Realty & Development is set to acquire the Berkshire Mall in Wyomissing, with plans to demolish most of the aging 910,000-square-foot property and redevelop the 59-acre site into new open-air retail space.

The mall, currently owned by Namdar Realty Group since 2020, has struggled in recent years, with nearly half of its space vacant and growing calls from local officials for reinvestment.

Developer Peter Abrams, owner of the Elkins Park-based firm, said the redevelopment will retain only the Boscov’s department store, while the rest of the mall will be replaced by new retail construction, marking a complete transformation of the 55-year-old shopping center. Unlike other Abrams projects, the plan will exclude any residential components, focusing solely on revitalizing the retail landscape.

*Article courtesy of Philadelphia Business Journal

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