The owner of Enfield Square has sold one of the mall’s anchor properties, a 136,000-square-foot store leased by Target, for $8.9 million, according to town records.
Namdar Realty Group, Mason Asset Management and Hakimi Global sold the property at 90 Elm St. to a fellow New York entity called 90 Enfield Square Holdings LLC, which is controlled by Steven Dubler, who has invested in commercial properties in other states, such as Florida and New York.
He is also president of New York City-based Scott Adam Designs, a consumer goods design, development, sourcing and logistics provider for retailers and brands.
It wasn’t immediately clear whether there would be any changes at the mall as a result of the deal. Dubler did not respond to a request for comment for this story.
Asked about Target’s future at Enfield Square, a company spokesperson would only provide the following written statement:
“We’re committed to serving local guests with a safe, easy and inspiring shopping experience at our Enfield store.”
Namdar representatives also didn’t respond to a request for comment about the sale and what their plans are for the other parts of the mall, which was subdivided from eight parcels into 13 last year, according to MassLive.
Namdar, Mason and Hakimi bought the entire Enfield Square mall at auction in late 2018 for $11.4 million.
Following the loss of anchor tenants like Sears and Macy’s in recent years, Target is the mall’s largest tenant.
