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."
Tags: Retail
MORE FROM Retail
Retail

McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.