The former Macy’s Department Store space at the Valley Mall in Halfway has been sold for $2.5 million, according to Washington County deed transfer records.
According to a warranty deed on file with Washington County Circuit Court online records, Macy’s Retail Holdings Inc. sold the property to PR Valley Anchor-M LP. The address for PR Valley is the same as PREIT Services LLC of Philadelphia, the mall owner. The deed was transferred April 6.
Real estate records indicate the department store was built in 1999 on 9.58 acres.
Julie Rohm, mall general manager, said PRIET intends to lease the space.
The Macy’s store closed on March 26, 2016, Rohm said in a previous Herald-Mail Media article.
Earlier this month, PREIT announced progress on replacing anchor stores and diversifying tenants throughout its properties. Since the start of the year, the company has signed five new anchor leases with five different tenants.
In 2016, PREIT replaced two former anchor locations. At Cumberland Mall in Vineland, N.J., PREIT added a Dick’s Sporting Goods to replace a J.C. Penney store. And at Exton Mall in Exton, Pa., Round 1 Entertainment operates in a former J.C. Penney space.
Round 1 Entertainment is a chain offering billiards, bowling, video games and other amusements.
Anchor spaces in PREIT properties under construction for opening this year include:
• At Capital Center Mall near Harrisburg, Pa., a Dick’s Sporting Goods is under construction, replacing a former Sears store.
• At Viewmont Mall in Scranton, Pa., a combination Dick’s Sporting Goods and Field & Stream store is under construction, along with HomeGoods, replacing a former Sears store.
• At Magnolia Mall in Florence, S.C., a Burlington facility will replace a former Sears store.
• At Valley View Mall in Lacrosse, Wis., Herberger’s Department Store will replace a former Macy’s.
Washington County officials have talked about using part of the former Macy’s building at Valley Mall to house the county’s election board and an early voting site.
Board of County Commissioners President Terry Baker said Wednesday that the former Macy’s space has not been eliminated as a possibility. But he said county officials are looking into whether the county could continue to use the Tandy Drive building where early voting has been held for recent elections.
The Washington County Board of Commissioners voted 4-0 on March 21 to send a letter of intent to the mall’s owner about pursuing a contract to use the Macy’s space. The county’s proposed budget at the time included $65,000 for annual rent for about 20,000 square feet in the former department store.
Baker said Wednesday that no agreement for the former Macy’s space was signed.