Home Depot, the Georgia-based home improvement big box retailer with more than $150 billion in revenue, has purchased Charlottesville Fashion Square Mall, mall officials confirmed Wednesday.
The sale does not include the Belk women’s storefront or the old JCPenneys store.
Officials said the more than 30 mall tenants will continue their leases.
“We will keep the community apprised as plans develop,” said Athena Emmans, specialty leasing and marketing manager for the mall.
Home Depot sells tools, construction products, appliances, and services and is the largest home improvement retailer in the country.
Its national competitor, Lowe’s has a retail outlet about a mile away from the mall location.
The mall has recently been the site of a large COVID vaccination center, drive-through COVID-19 testing in the parking lot and has traditionally hosted the annual Toy Lift Christmas toy drive in its parking lot.
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