Colonie Center

Colonie Center
Location Albany, New York
Opening date November 1, 1966[1]
Developer Homart Development Company
Owner KKR & Co. L.P.
Colonie Pacific
No. of stores and services 120
No. of anchor tenants 7 (6 open, 1 vacant)
Total retail floor area 1,300,000 sq ft (120,000 m2)
No. of floors 2
Website http://www.shopatcoloniecenter.com/

Colonie Center is a shopping mall located in Colonie, New York, a suburb of Albany, at the intersection of Central Avenue, Wolf Road, and Interstate 87. Opening in 1966, it was the first enclosed shopping mall in New York's Capital Region. The mall has successfully updated its tenant mix, image, and look on an ongoing basis to keep up with the times, as can be seen from the list of stores on the mall's website. The two-story mall has an area of about 1,300,000 square feet (120,000 m2) and contains approximately 120 stores as well as a food court. Colonie Center was owned by Feldman Mall Properties until 2009, when it was sold to Heitman Value Partners.[2] In April 2013, Heitman sold the mall to KKR & Co. L.P., partnered with Colonie Pacific.[3] The mall anchors are Boscov's, Christmas Tree Shops, Macy's, Regal Cinemas, and Whole Foods Market. There's also a vacant spot last occupied by Sears, which closed in September 2017 with no current occupier of its former space.

See also

References

  1. ↑ "Grand Opening Set For Colonie Center". Schenectady Gazette. October 31, 1966. Retrieved March 11, 2010.
  2. ↑ "Feldman sells stake in Colonie Center for $4.1M". June 4, 2009.
  3. ↑ DeMasi, Michael (April 9, 2013). "Colonie Center sold to KKR global real estate investment firm". Albany Business Review. Retrieved October 30, 2013.

Coordinates: 42°42′36″N 73°48′58″W / 42.71000°N 73.81611°W / 42.71000; -73.81611

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