Malls · Virginia
Greenbrier Mall
Greenbrier Mall, a 55‑acre operating mall in Chesapeake, VA, sold at auction after foreclosure to a new LLC in 2025. · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile3 elements · what this retrofit is built with · tap a chip for the evidence
3+ other atlas sites within 10 km
This site: 3 within 10 km computed · all sites with this30,000+ vehicles a day on an adjacent road
This site: 67,406 on Greenbrier PKWY fhwa-hpms · all sites with thisCounty typical rent $2,000+
This site: $2,058/mo zillow · all sites with thisNow
| Status | Operatingpublic reporting |
|---|
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2025-04 | Auction · foreclosed | $22.4M closed | 1401 Greenbrier Parkway LLC (Mike Sifen) ← CBL Properties · loan $62.0M | wavy.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.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| CMBS trust (weak) | JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP | 1 | 2002-12-10 to 2002-12-10 | 8-K 1 |
| Public owner (strong) | CBL & ASSOCIATES PROPERTIES INC (CBL) | 96 | 2004-04-28 to 2023-08-09 | 8-K 70, 10-Q 17, 10-K 4, 8-K/A 4 |
| Public owner (strong) | CBL & ASSOCIATES LIMITED PARTNERSHIP | 45 | 2014-02-05 to 2021-11-16 | 8-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 end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2016 | CBL & Associates Properties 10-K, 2017-03-01 | Greenbrier Mall Chesapeake, VA match: exact | 890,852 in-line 269,039 | 92.0% leased | built 1981 / acquired 2004 / renovated 2004 | 100.0% | $359 | Dillard's, GameWorks, JC Penney, Macy's, Sears |
| 2009 | CBL & Associates Properties 10-K, 2010-02-22 | Greenbrier Mall Chesapeake, VA match: exact | 898,416 in-line 315,684 | 81.0% leased | built 1981 / acquired 2004 / renovated 2004 | 63.0% | $314 | Dillard's, JC Penney, Macy's, Sears |
| 2006 | CBL & Associates Properties 10-K, 2007-03-01 | Greenbrier Mall Chesapeake, VA match: exact | 888,453 in-line 304,468 | 96.0% leased | built 1981 / acquired 2004 / renovated 2004 | 100.0% | $363 | Dillard’s, JC Penney, Macy’s, Sears |
Site context
| Housing permits, Chesapeake(Independent City) (VA), 2024 | 0 units in 5+ unit buildings, 0 in 2–4, 597 single-family; 2023: 0 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 3 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 2023 | 743 establishments (-6%); 14,838 jobs (-3%)Census CBP |
| Housing market in the county | typical 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.
Similar sites
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- Tower Mall, Portsmouth, VA · Malls · similar size (53 acres); also in VA; 12 km away
- Fort Chiswell Outlet Mall site, Max Meadows, VA · Malls · similar size (55.29 acres); also in VA
- Landmark Mall, Alexandria, VA · Malls · similar size (51 acres); also in VA
Elsewhere on the web
Pages with photos
- Greenbrier Mall (Chesapeake) - ATUALIZA… tripadvisor.pt
- Greenbrier Mall, Chesapeake — Stores, … getoccupi.com
- Greenbrier Mall visitchesapeake.com
- Greenbrier Mall has been sold, multiple sources say new owner will be local wavy.com
- Greenbrier Mall- Chesapeake, VA, 1401 Greenbrier Parkway | Flickr flickr.com
- Mallmanac.com: UPDATED- Gr… mallmanac.com
- MallsCenters - US Shopping Malls & Stores mallscenters.com
- Greenbrier Mall (Chesapeake) - 2021 Lo … tripadvisor.com.mx
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
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
| Acres | 55.0public reporting |
|---|---|
| County | Chesapeake city |
| Census division | 5 · South Atlantic |
| Notes | Record 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
- Virginia Beach's Mike Sifen buys Greenbrier Mall for $22.4M · 2025-04
1 quoted sentence
The final cost was $22.4 million.
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Tysons Corner CenterTysons Corner, VA · 2016Partial Redeveloped · Partial redevelopment: residential
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