By HFT Editorial Staff

The previously unoccupied 179,285 square-foot Macy’s store attached to the Meriden Mall at 460 Lewis Avenue in Meriden, Connecticut, was acquired by Yale New Haven Health System (YNHHS) to be repurposed as a retail health facility.

The vacant Macy’s property provides YNHHS with the opportunity to create an innovative, consumer-focused facility with numerous advantages, including:

• Complementary services and amenities for patients and visitors
• A highly convenient, visible and well-known location for patients, accessible from key interstate highways
• A building configuration that can be repurposed for YNHHS’s clinical program and future expansion plans
• A cooperative city committed to facilitating investment and healthcare expansion into the community

YNHHS partnered with MedCraft to locate, assess and facilitate the acquisition of a new site to expand its ambulatory care services in a key market.

“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.”