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Yale New Haven Health Buys Former Macy’s Building at Meriden Mall in Connecticut

Property:

Category: Property News

Date: November 10, 2021

Yale New Haven Health, a regional provider with a total of 2,409 beds across its facilities, has purchased a building previously occupied by Macy’s at Connecticut’s Meriden Mall. Yale New Haven Health plans to repurpose the property into a retail health clinic. According to the Hartford Business Journal, Macy’s closed its store within the 179,285-square-foot building in May 2020. An investment group that includes Mason Asset Management and Namdar Realty Group owns Meriden Mall.

Former Macy’s To Be Repurposed as Healthcare Facility

Property:

Category: Property News

Date:

The previously unoccupied 179,285 square-foot Macy’s store attached to the Meriden Mall at 460 Lewis Avenue in Meriden. The vacant Macy’s property provides YNHHS with the opportunity to create an innovative, consumer-focused facility with numerous advantages.

“We’re thrilled that YNHHS chose MedCraft as a strategic advisor to identify, evaluate and negotiate the acquisition of a location of this complexity, scale and importance,” says Steve Bruckeridge, Development Principal with MedCraft. “We brought an experienced, multidisciplinary team to conduct a comprehensive analysis of potential sites that could meet YNHHS’ criteria based on market location, functionality, cost and constructability. With our retail redevelopment expertise and collaboration with the YNHHS team, the City of Meriden, Macy’s and Namdar Realty Group (the Meriden Mall owner), we were able to find the optimal site.”

To read more, please visit Healthcare Facilities Today.

Yale New Haven Health System buys former Macy’s spot in Meriden Mall

Property:

Category: Property News

Date:

The Yale New Haven Health System has purchased the space of a former anchor store in the Meriden Mall, according to health system officials.

Terms of the deal were not released, but Yale New Haven Health said in a release that it would use the 179,285-square-foot, two-story former Macy’s spot for a “comprehensive ambulatory center.”

The Macy’s in the Meriden Mall closed in 2020. A Long Island, N.Y.-based retail center operator, Namdar Realty Group, acquire the mall in June of that year from Unibail-Rodamco-Westfield.

To read more, please visit New Haven Register.

Yale New Haven Health buys former Macy’s store at Meriden Mall; plans retail health center

Property:

Category: Property News

Date:

The Yale New Haven Health System has purchased the vacant former Macy’s store at the Meriden Mall and plans to repurpose the space as a retail health facility.

In a statement released Monday, healthcare real estate firm MedCraft said it helped facilitate the deal for the 179,285-square-foot property at 460 Lewis Ave. The company said it worked closely with the city and Namdar Realty Group, which owns the mall, to find the “optimal site” for Yale New Haven Health.

To read more, please Hartford Business.

MedCraft Healthcare Real Estate Partners with Yale New Haven Health System to Finalize the Purchase of Vacant Macy’s Store at Meriden Mall in CT

Property:

Category: Property News

Date:

MedCraft Healthcare Real Estate, a leading healthcare real estate firm that provides advisory, development and financing services to health systems and physician practices, facilitated the acquisition for Yale New Haven Health System (YNHHS) – Connecticut’s leading healthcare system offering more than 100 medical specialties.

“We’re thrilled that YNHHS chose MedCraft as a strategic advisor to identify, evaluate and negotiate the acquisition of a location of this complexity, scale and importance,” said Steve Bruckeridge, Development Principal with MedCraft. “We brought an experienced, multidisciplinary team to conduct a comprehensive analysis of potential sites that could meet YNHHS’ criteria based on market location, functionality, cost and constructability. With our retail redevelopment expertise and collaboration with the YNHHS team, the City of Meriden, Macy’s and Namdar Realty Group (the Meriden Mall owner), we were able to find the optimal site.”

To read more, please visit Yahoo! Finance.