Zelco Properties with Haverford Retail Partners acquires 123,000 s/f complex

Guilford, CT Zelco Properties, the development arm of Charter Realty, has acquired Guilford Commons in partnership with Haverford Retail Partners. The high-performing regional center, located on Rte. 1 at 1919 Boston Post Rd., has been a cornerstone of the greater New Haven County area since its opening in 2015.

Guilford Commons, a 123,000 s/f complex, is anchored by leading national retailers, including The Fresh Market, Michael’s, DSW, and Ulta. Recently signed tenants TJ Maxx and Old Navy further enhance the center’s appeal, solidifying its status as a premier shopping destination.

In addition to its strong retail lineup, Guilford Commons offers a variety of dining options such as Panera Bread and MOOYAH, as well as health, fitness, and wellness services including Spavia, Pure Barre, and Ivy Rehab, among other amenities.

This acquisition marks the latest collaboration between Haverford Retail Partners and Zelco Properties. Haverford Retail Partners is a vertically integrated real estate firm that focuses exclusively on essential retail assets, while Zelco Properties is a full-service commercial real estate development firm specializing in retail and mixed-use developments.

Charter Realty will oversee leasing at Guilford Commons, which has one available space.

“We are truly excited about our latest acquisition of Guilford Commons. It represents one of the strongest supermarket-anchored centers on the CT shoreline, and with the addition of TJ Maxx and Old Navy, the center will strengthen its regional draw as it gains very strong fashion centerpieces,” said Dan Zelson, principal at Zelco Properties. “Working with Haverford has been a pleasure, and we look forward to strengthening our partnership with many more transactions together.”