Hart Lyman Company has purchased Great Northern Mall in Clay, NY, for $9 million from Kohan Retail. The property, situated on 120 acres, is slated for a major mixed-use town center redevelopment that will include apartments, townhomes, entertainment venues, restaurants, and medical offices.
SRS Real Estate Partners has facilitated the off-market sale with a team led by Britt Raymond and Kyle Fant on behalf of both the seller and the buyer.
“I’m excited to see Hart Lyman and Conifer’s plans unfold as they transform this former mall into a dynamic mixed-use town center,” said Fant. “This project will help address the housing shortage in the area as well as accommodate expected growth from Micron Technology Inc., who is building a semiconductor mega-factory just a few miles away from the site.”
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