Steeplegate Mall owners confirm interior closures, no sitemap

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Posted: 09/17/2022 19:04:17

Modified: 09/17/2022 19:00:13

Months after the promise of an “exciting potential project”, the interior of the Steeplegate shopping center remains lifeless while the owners have offered little information about plans for the cavernous space.

Curious community members took to Facebook for updated information after Namdar Realty Group, the New York-based company that owns the 480,000 square foot mall, evicted the remaining five interior tenants who were the only recalcitrants among dozens of empty showcases.

“At this time, no information other than that previously provided by the team is currently available on the project,” Senior Communications Manager Adelaide Godwin wrote in an email to Monitor. “Management has confirmed that the interior of the mall has closed, including in-line tenants, and only exterior-facing tenants with public access remain open at this time.”

Management won’t comment if plans are in the works, Godwin said.

In February, the mall’s five interior tenants received a notice requiring them to close their doors and vacate their rental spaces. Some business owners still had years on their lease.

By April, four of the five interior businesses — Blue Sky Hair Studio, The Jeweller’s Workbench, The Arch Threading and Spa and Wireless Touch — had relocated to various parts of the city as the owner of Mt. Everest Goods closed permanently. his doors.

Exterior tenants – Hatbox Theatre, Zoo Health Club, Altitude Trampoline Park, Chico’s, Talbots and JC Penney – were allowed to stay, but were asked to close all interior doors and vacate all internal spaces additional ones, many of which were used for storage under their leases.

With no plans for the foreseeable future, former tenants expressed frustration with Namdar Realty Group and the decision to evict them.

“They have no compassion. We had to get up and change our lives and now the mall is still there,” said Gregg Mezzapelle, owner of Jeweler’s Workbench. “They blindsided us all inside the mall and said “You’re out” and gave us a short time.

Carrie Foote, owner of Blue Sky Hair Studio, remains puzzled by the sudden eviction, but is happy with her new location across the street on Loudon Road.

“I wonder if they had something planned and it didn’t materialize and kicked everyone out before it became a done deal,” Foote said. “After we left they kept leaving the mall doors open for another two weeks which made no sense.”

Mezzapelle, who has worked at the mall since it opened in the early 1990s, is also pleased with its move to South Main Street, which he says has attracted many new customers.

Namdar bought the struggling mall in 2016 for $10.3 million. Mezzapelle said Namdar is a company that buys failing malls.

Namdar has 59 malls across the country, including two in Connecticut and one in Maine. Steeplegate Mall is the only Namdar-owned mall in New Hampshire.

When the mall opened in 1990, it quickly became a hub of city life. Built with room for about 60 stores, it was a commercial and economic powerhouse in Concord. Only six stores remain, with two of its main flagship stores – Sears and Bon Ton, gone years ago.

The city still values ​​the massive commercial property at $12.6 million.

Deputy city manager Carlos Baia said this week that the city has not received any updates from Namdar.

Baia said in February that the city had long hoped to see the mall reconfigured in some way. Baia said the city would like the property to become mixed-use between retail and housing due to the overwhelming need for additional living units in the city, but communication between Namdar and city officials has stalled.

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