SALINA, N.Y. — Raymour & Flanigan Furniture and Mattresses tells CNYBJ that it hasn’t set a timeline for opening a retail store in the Northern Lights shopping center that the retailer now owns. Raymour & Flanigan has purchased the Northern Lights shopping center at 132 Northern Lights Plaza in the town of Salina. It declined […]
SALINA, N.Y. — Raymour & Flanigan Furniture and Mattresses tells CNYBJ that it hasn’t set a timeline for opening a retail store in the Northern Lights shopping center that the retailer now owns. Raymour & Flanigan has purchased the Northern Lights shopping center at 132 Northern Lights Plaza in the town of Salina. It declined to disclose the purchase price.
The acquisition closed on April 11, the office of Salina Town Supervisor Nick Paro said in an announcement the following day. Raymour & Flanigan plans to open a retail store in the plaza “in the coming months” and “focus on attracting national retailers to fill vacant spaces,” per the town’s April 12 announcement.
“As a family-owned business that considers Syracuse its home, the company has always been committed to serving the people in the area and is always looking for new ways to grow in its backyard,” Raymour & Flanigan tells CNYBJ. “We’re excited about the opportunity to contribute to economic growth in the area, including development in the region and new job opportunities.”
Raymour & Flanigan is headquartered in the Syracuse suburb of Clay.
The retailer bought the Northern Lights property from Cushman & Wakefield (NYSE: CWK), a Chicago, Illinois–based commercial real-estate firm that operates offices in the Syracuse area.
“This plaza was once a jewel of our community, but has been in disrepair for many years now,” Salina Town Supervisor Nick Paro said in the announcement. “Its placement along Interstate-81 makes it a prime location for retailers to serve our community and grow their customer base, and I am thrilled to welcome [Raymour & Flanigan] to Salina.”
The large entrance sign lists current tenants that include Olum’s Furniture & Appliances, Petco, Party City, Flaming Grill & Buffet, and Paladino’s Pizza.
Originally built in 1956, Northern Lights has been a “retail staple” of the town of Salina for generations, the town said. “In its heyday,” the plaza was home to retailers like T.J. Maxx and Michaels, Media Play, and even local-favorite restaurants like Hofmann’s Hot Haus and Paladino’s Pizza, Paro’s office said.
“When Barstool Sports founder Dave Portnoy visited Paladino’s Pizza two years ago, he commented on the great pizza but dismal strip mall,” Paro noted. “I am excited to say that Northern Lights Plaza will be much more attractive and full of life for Portnoy’s next visit.”