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PHILADELPHIA-Port Washington, NY-based Cedar Income Fund has bought the 523,000-sf Camp Hill Mall in Camp Hill, PA for approximately $18 million from an affiliate of Bloomfield, CT-based Connecticut General Life Insurance Co. The mall is 83% leased and includes a vacant 89,000-sf space formerly occupied by Montgomery Ward.

Existing tenants include a Giant supermarket, Boscov’s, Barnes & Noble and Zany Brainy.

Cedar contemplates redevelopment of the Ward space and of the full mall property, according to a statement. The mall is located on 44 acres at Route 15 and Trindle Road.

This is Cedar’s second Pennsylvania property. It purchased Loyola Plaza, a 293,000-sf mall in Williamsport, PA, in July. Cedar paid the former owner, Columbus, OH-based Glimcher Realty Trust, $18.3 million.

Loyal Plaza is 98% leased and anchored by a 67,000-sf Giant supermarket.

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