News: Retail

The Wilder Companies adds five shopping centers totaling 896,864 s/f

The Wilder Companies, the national retail real estate leasing, management and development firm was awarded five new leasing and management contracts totaling 896,864 s/f of shopping center space, on the North and South Shores of Boston. The Crossing at Walkers Brook is a highly visible center located off Rte. 128 in Reading. It is 480,000 s/f and features Jordan's Furniture, an IMAX Theatre, and The Home Depot. An 80,000 s/f pedestrian-friendly lifestyle portion of the center features Staples, Golfsmith, The Paper Store, Macaroni Grill, Chili's, and Starbucks. Merrimac Plaza in Methuen, is a well-trafficked, 180,000 s/f shopping center featuring Market Basket, C.W. Price, Dollar Tree, Rite Aid, McDonalds, Bank of America and small shop office space. It is one half mile from I-93 on Rte. 110, Haverhill St., a major thoroughfare of commercial businesses and retail shopping in The Merrimack Valley. Mark Dickinson of Dickinson Development, Quincy, awarded the leasing and management contracts of the above properties. "My relationship with the Wilder team is long and successful. I turn to them because they work consistently to create value in our assets. They think like owners and treat Dickinson Development properties like their own." Angelo, Gordon & Co., the New York based privately held registered investment advisor, contracted with The Wilder Companies for leasing and management of three South Shore centers; Cushing Plaza in Cohasset, Shaw's Plaza in Easton, and Shaw's Plaza in Hanover. Cushing Plaza is 74,760 s/f and is home to Shaw's Supermarket, Walgreens, The UPS Store, Supercuts, Rockland Trust Bank, and additional small shops and services including the independent Buttonwood Book & Toy Store. Shaw's Plaza in Easton is 104,923 s/f and features a 67,000 s/f Shaw's Supermarket, Rite Aid, and a solid mix of small shops and services. The Hanover property, Shaw's Plaza, is a stand alone 57,181 s/f Shaw's Supermarket. Said Wilder principal David Mallen, "These properties are a welcomed addition to the Wilder portfolio. We look forward to applying our professional services and thorough attention to detail to positively influence each center's overall performance."
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