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Hart Lyman Company Purchases Great Northern Mall for $9M 

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. Hart Lyman has formed a partnership for the deal with Conifer Realty, a firm specializing in building residential communities. 

“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.”  


Inside The Story

Britt Raymond

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Sale/Acquisition