Yale New Haven buys vacant Macy’s, plans redevelopment

Yale New Haven (Conn.) Health — with the help of MedCraft Healthcare Real Estate — purchased the vacant Macy’s store at Meriden Mall in Connecticut and will repurpose it into a retail health facility.

Advertisement

The space is a total of 179,285 square feet and is in a visible spot accessible from interstate highways, according to an Oct. 4 news release from MedCraft.

The building can also be repurposed for Yale New Haven’s clinical program and future expansion plans.

“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 Buckeridge, development principal with MedCraft.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Capital

Advertisement

Comments are closed.