Crystal Mall
Repositioning/Redevelopment Potential
Marketing description
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Property tours are available upon request. Please contact the listing broker to schedule a tour.
JLL has been retained as exclusive advisor for the sale of Crystal Mall (the “Mall” or “Property”), a two-level regional mall located at 850 Hartford Turnpike in Waterford, Connecticut. The Property is situated on ~82.4 acres (~64.5 acres owned), and is comprised of 807,396 square feet (“SF”) of gross leasable area (“GLA”) (535,494 owned) and features an anchor lineup including JCPenney (91,588 SF, owned), Christmas Tree Shops (subletting a portion of the former Bed Bath & Beyond space, 80,892 SF, owned), a former Macy’s (121,270 SF, non-owned, dark) and a Seritage-owned box (150,632 SF, non-owned, dark), which account for approximately 55% of total GLA.
Non-Contingent
Earnest Money Deposit is 10% of the Winning Bid Amount
Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
$25,000 Participation Deposit Required via Wire only
850 Hartford Turnpike, Waterford, CT 06385
Investment highlights
Excellent Location/Access
Repositioning/Redevelopment Potential
Strong Demand Drivers
Limited Direct Competition
Attractive Outparcel Component
Additional Upside Potential
Desirable Demographic Profile
Listing Contacts
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Zoning
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