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Imperial Valley Mall

Coordinates: 32°45′47″N 115°31′52″W / 32.763°N 115.531°W / 32.763; -115.531
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Imperial Valley Mall
Map
LocationEl Centro, California, United States
Coordinates32°45′47″N 115°31′52″W / 32.763°N 115.531°W / 32.763; -115.531
Address3451 South Dogwood Road
Opening dateMarch 9, 2005 (2005-03-09)
DeveloperCBL & Associates
ManagementCBRE Group
OwnerTryperion Holdings, Peak Companies, & Duke Real Estate
No. of stores and services76[1]
No. of anchor tenants4 (3 open, 1 vacant)
Total retail floor area761,275 square feet (71,000 m2)[1]
No. of floors1 (2 in Dillard's and Macy's)
Websitewww.imperialvalleymall.com Edit this at Wikidata

Imperial Valley Mall is an enclosed shopping mall in El Centro, California. Opened in 2005, the mall features J. C. Penney, Dillard's, and Macy's as its anchor stores. It is managed by CBRE Group

.

History

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Sears and J. C. Penney were confirmed as mall tenants in 2002.[2] The mall was approved for construction in 2003.[3] Among the first tenants confirmed were Dairy Queen, Foot Locker, Kay Jewelers, Pac Sun, Payless ShoeSource, and a 14-screen UltraStar Cinemas, now a Cinemark.[4]

It opened for business on March 9, 2005, with J. C. Penney, Sears, Dillard's, and Robinsons-May (now Macy's) as its four anchor stores.[5] Sears relocated from El Centro Mall, an older mall in town.[6] A day before the mall's opening, the owners held a "preview party" in which customers could purchase tickets to view the mall before it officially opened for business.[7]

In 2015, Sears Holdings spun off 235 of its properties, including the Sears at Imperial Valley Mall, into Seritage Growth Properties.[8]

On October 15, 2018, it was announced that Sears would be closing as part of a plan to close 142 stores nationwide.[9] The store closed in January 2019.

On February 7, 2025 CBL Property’s announced that they would be selling the mall for $38.1 in an all cash deal.[10] The mall was later acquired by a partnership of Tryperion Holdings, Peak Companies, and Duke Real Estate, marking a new chapter in its history. As part of the acquisition, the ownership group also purchased 65 acres of adjacent developable land, with plans to upgrade the malls infrastructure and introduce new retail and dining options to better serve the community.[11] The mall is now managed by CBRE (Coldwell Banker Richard Ellis).

References

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  1. ^ a b "Mall information". CBL & Associates Properties. Retrieved May 15, 2013.
  2. ^ Yniguez, Rudy (June 19, 2002). "Robinsons-May, Dillard's coming?". Imperial Valley Press. Archived from the original on February 23, 2016. Retrieved May 15, 2013.
  3. ^ Schanz, Marc (December 4, 2003). "Way cleared for new El Centro mall". Imperial Valley Press. Archived from the original on February 23, 2016. Retrieved May 15, 2013.
  4. ^ Lobeck, Joyce (August 24, 2004). "16 more tenants added to lineup for Imperial Valley Mall". Yuma Sun. Retrieved May 15, 2013.
  5. ^ Ramos, Julian J. (March 9, 2005). "Gala heralds mall opening". Imperial Valley Press. Archived from the original on February 24, 2016. Retrieved May 15, 2013.
  6. ^ "New Sears Store Opens at Imperial Valley Mall". PR Newswire. February 24, 2005. Retrieved May 15, 2013.
  7. ^ "I.V. Mall 'premiere party' set for March 8". Imperial Valley Press. February 6, 2005. Archived from the original on March 4, 2016. Retrieved May 15, 2013.
  8. ^ "At Imperial Valley Mall | Seritage".
  9. ^ "Sears store closing list: 142 more Sears, Kmart locations closing in Chapter 11 bankruptcy". USA Today.
  10. ^ "CBL Properties Announces Sale Of Imperial Valley Mall For $38.1 Million". cblproperties.com. February 17, 2025.{{cite web}}: CS1 maint: url-status (link)
  11. ^ Berry, Thomas (February 20, 2025). "Exclusive: Imperial Valley Malls new owners revealed following $38 million all cash deal, here's what we know…". 760 News Media.{{cite news}}: CS1 maint: url-status (link)
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