Retrofit Atlas

Malls · Virginia

Greenbrier Mall

Imported, unreviewedOperatingChesapeake, VA

Greenbrier Mall, a 55‑acre operating mall in Chesapeake, VA, sold at auction after foreclosure to a new LLC in 2025. · summary, model-written

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Site profile3 elements · what this retrofit is built with · tap a chip for the evidence

Place
3+ other atlas sites within 10 kmThis site: 3 within 10 km computed · all sites with this
30,000+ vehicles a day on an adjacent roadThis site: 67,406 on Greenbrier PKWY fhwa-hpms · all sites with this
County typical rent $2,000+This site: $2,058/mo zillow · all sites with this

All elements and lists · Trends

Now

StatusOperatingpublic reporting

Deals and debt

DateEventPricePartiesSource
2025-04Auction · foreclosed$22.4M closed1401 Greenbrier Parkway LLC (Mike Sifen) ← CBL Properties · loan $62.0Mwavy.com 2025-04

Securitised debt and public filers

Filings (2001 to date) that name “Greenbrier Mall” and “Chesapeake” (204 hits, first 100 sampled, 1 other filers such as tenants left out). Common name: these matches are unreliable. Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2002-12-10 (a sample date, not the issuance date); Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.

KindFilerFilingsDatesForms
CMBS trust (weak)JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP12002-12-10 to 2002-12-108-K 1
Public owner (strong)CBL & ASSOCIATES PROPERTIES INC (CBL)962004-04-28 to 2023-08-098-K 70, 10-Q 17, 10-K 4, 8-K/A 4
Public owner (strong)CBL & ASSOCIATES LIMITED PARTNERSHIP452014-02-05 to 2021-11-168-K 34, 10-Q 6, 10-K 2, 8-K/A 2

As reported by the owner

Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.

Year endFilerName in filingGLA sq ftOccupancyYearsShareSales psfAnchors listed
2016CBL & Associates Properties 10-K, 2017-03-01Greenbrier Mall Chesapeake, VA
match: exact
890,852
in-line 269,039
92.0% leasedbuilt 1981 / acquired 2004 / renovated 2004100.0%$359Dillard's, GameWorks, JC Penney, Macy's, Sears
2009CBL & Associates Properties 10-K, 2010-02-22Greenbrier Mall Chesapeake, VA
match: exact
898,416
in-line 315,684
81.0% leasedbuilt 1981 / acquired 2004 / renovated 200463.0%$314Dillard's, JC Penney, Macy's, Sears
2006CBL & Associates Properties 10-K, 2007-03-01Greenbrier Mall Chesapeake, VA
match: exact
888,453
in-line 304,468
96.0% leasedbuilt 1981 / acquired 2004 / renovated 2004100.0%$363Dillard’s, JC Penney, Macy’s, Sears

Site context

Housing permits, Chesapeake(Independent City) (VA), 20240 units in 5+ unit buildings, 0 in 2–4, 597 single-family; 2023: 0 in 5+Census BPS
Other atlas sites nearby3 within 10 km, 10 within 25 km: KempsRiver Crossing Shopping Center (5.0 km); Military Circle Mall (8.2 km); MacArthur Center (9.4 km)computed
Retail trade in the county, 2012 to 2023743 establishments (-6%); 14,838 jobs (-3%)Census CBP
Housing market in the countytypical home value $424,806 (+4% 1 yr, +27% 5 yr); typical rent $2,058/mo (+6% 1 yr), 2026-09Zillow Research
Traffic on the busiest road within 600 m (2024)67,406 vehicles a day on Greenbrier PKWY (minor arterial, 6 lanes); 1,233 trucks; 22 counted segmentsFHWA HPMS

Summary, model-written

Greenbrier Mall opened as a retail mall and has remained operating. In April 2025 it was subject to a foreclosure auction, selling for $22.4 million to 1401 Greenbrier Parkway LLC after CBL Properties defaulted on a $62 million loan.

Why. The record shows a distressed loan and foreclosure as the immediate cause of the 2025 auction. No anchor‑tenant loss, competition, or demolition factors are stated.

Where it stands. The mall is currently operating under ownership of 1401 Greenbrier Parkway LLC (Mike Sifen) following the 2025 auction.

For a planner

  • Precedent: foreclosure auction transferred ownership to a new LLC.
  • Policy tools: loan workout and foreclosure process were used.
  • Open questions: future zoning, potential redevelopment, and community impact of the 55‑acre site.

For a developer

  • Site size: 55 acres.
  • Control: owned by 1401 Greenbrier Parkway LLC.
  • Entitlement stage: existing operating mall; entitlements assumed but not detailed.
  • Constraints: floodplain, transit access, and environmental conditions are not specified in the record.
  • Market signals: low opp_score (35) and opp_reasons highlight distressed loan and large acreage as opportunity factors.

What we do not know yet

  • Opening date and original anchor tenant mix are unknown.
  • Current occupancy, lease terms, and physical condition of structures are not provided.
  • Zoning, flood‑plain, transit proximity, and environmental constraints are absent from the record.
  • Data are thin: only one source and a draft verification status.
  • Loan details beyond amount and status are unreviewed.

Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.

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Multifamily screen

  • 55 acres
  • county grew 5.6% 2018–23
  • median rent $1,523
  • distressed loan or foreclosure

Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.

History and original facts

Acres55.0public reporting
CountyChesapeake city
Census division5 · South Atlantic
NotesRecord created from a 2024+ transaction, listing or loan report; no retrofit recorded.

Not yet recorded: GLA, year opened, original developer, what is there now, retrofit year. Know it? Tell us.

Sources

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