UPDATE: Amazon just purchased a data center in Berwick less than 15 miles from the interchange for $650,000,000. We were recently contacted to discuss leased parking for their team to shuttle onsite and potential multifamily housing development at the mall. Capital Commercial Partners is pleased to bring to the market this Ollie’s located at the Columbia Mall in Bloomsburg, PA. The investment offers an above market return with corporate guaranty from Ollie’s (NASDAQ: OLLI) with a $5.79B market cap. The tenant executed a new 8-year lease with a rent commencement of December 2024. Ollie’s has been incredibly busy since they opened demonstrating an accurate sales forecasting model of strong store sales. The mall is in the process of undergoing a complete transformation to open air lifestyle mixed use center. Geisinger Health Systems is developing a hospital campus adjoining the mall and will be pedestrian between the two developments. This will make it very easy to work, live, and shop all in the same place. This is a unique opportunity for an investor to acquire a great location, excellent return, corporate guaranty, tremendous upside with the mall redevelopment, and at only $98.33 per square foot; substantially below replacement cost of more than $200 PSF. The condo has been completely renovated with new roof, HVAC’s, plumbing, electrical, and parking lot.