Photo courtesy of the city of Meriden

French mall giant Westfield has sold its Meriden property to a privately-held Long Island commercial real estate investment group.

Retail specialists Namdar Realty Group bought the property for an undisclosed sum and plans to rename the property the Meriden Mall.

The mall recently lost one of its anchor stores, a Macy’s, in March and has another anchor space currently vacant.

Namdar went on a buying spree in 2019 and again in 2020, buying two Texas and one Alabama malls in February and one mall each in New Hampshire, Delaware and California in early May, according to announcements posted on its website. By its own account, it has averaged 20 acquisitions per year for the last four years.

Namdar bought the troubled Enfield Mall in Januar 2019. The mall has lost three of its four anchor stores in recent years. The remaining anchor slot is filled by a Target and Namdar reportedly sought to subdivide the property last year.

The Meriden Record-Journal first reported the sale.

“Our goal is always to add value and determine the highest and best use of each of our properties,” leasing manager and part owner Elliot Nassim, of Mason Asset Management, told the paper. “We saw great long-term potential in Meriden Mall, making it a natural fit for our portfolio. We are excited to work alongside the community to identify the best possible tenant selection for each of the current vacancies.”