Cafaro Snapshot
Cafaro Company hits the long ball with its small-town malls and shopping centers. Cafaro develops, owns, and operates approximately 50 retail properties in about a dozen states in the Midwest, mid-Atlantic, and Northwest US. The facilities total more than 30 million sq. ft. of leasable commercial space. Some malls feature adjacent entertainment facilities, such as the 6,400-seat baseball stadium for the Mahoning Valley Scrappers behind a Cafaro Company mall in Niles, Ohio. Founded in the 1940s by William M. Cafaro, the company is still owned and operated by the family, which is involved in local and state politics.