1. Eastfield Mall owners buy old Macy's store in move paving the way for redevelopment on Boston Road

    Eastfield Mall owners buy old Macy's store in move paving the way for redevelopment on Boston Road

    Mountain Development, the New Jersey-based owners of Springfield's Eastfield Mall, bought the former Macy's store there earlier this month for $1 million. The move, anticipated last spring when the beleaguered retailer put the 127,000-square-foot building on the market, is one more step toward redeveloping the site and "de-malling" it into a mixed use complex. The transaction became public in papers filed at the Hampden Registry of Deeds.

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    1. I think in general you see that malls all across the country have had to remake themselves.
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