Thursday, September 13, 2018

A Sears closes and a new idea takes shape at a Massachusetts mall

Chain Store Age
The day after the Sears closed at Eastfield Mall in Springfield, Massachusetts, the owners hired Cushman and Wakefield to open a new chapter for the 87-acre property that was the town’s first enclosed mall when it opened in 1967.

What Cushman and owner Mountain Development have in mind for Eastfield is a mixed-use renovation blending retail with residential in a “main street” lifestyle center setting. It’s become a common scenario in an over-malled retail industry struggling to find its place in 21st Century America. . . . more