Former Sears at Eastfield Mall, Palmer Kmart sold for $6.4M to Braintree company

Eastern Retail Properties, a commercial developer and real estate company based in Braintree, has purchased the empty Sears property at the Eastfield Mall and the former Palmer Kmart property for a total of $6.4 million. Eastern Retail Properties bought the Sears in Springfield, which was always under separate ownership from the mall itself, for $4.4 million last month, according to papers on file at the Hampden County Registry of Deeds. It bought the Palmer property for $2 million.

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