Attleboro, MA The Wilder Cos., effective July 15th, assumed the leasing and management leadership for Market Basket-anchored Bristol Place. This move follows the 421,680 s/f centers’ recent sale to private equity real estate firm, Unison Realty Partners in a joint venture with Argosy Real Estate Partners.
“We are thrilled to once again be working with the Unison Realty Partners team.” said Deb Di Meo, vice president, leasing at Wilder. “Our goal is to work with ownership to enhance the merchandise mix of this already strong center and build upon the center’s well performing anchors and smaller shop tenants.”
Bristol Place is located at the interchange of I-95 and Rte. 1A, 8-miles north of Providence, R.I. The property is located at the southern sector of the Rte. 1 (Washington St.) retail corridor, which has the largest retail concentration in the area.
Built in 1993 and renovated in 2013, Bristol Place’s major tenants include Market Basket, Home Depot, Party City and Bob’s Discount Furniture. Recent additions include Hobby Lobby and a relocated TJ Maxx.
“This asset fits perfectly into our New England growth strategy,” said Brendon McCarthy, director, Unison Realty Partners. “With their sound management practices and hands on leasing approach we look forward to working with Wilder once again to maximize this value-add investment.”
Bristol Place is the seventh Unison center managed by Wilder and the second in Massachusetts. These centers include Royal Square Shopping Center (Brattleboro, VT), Dover Crossing (Dover, NH), Fairbanks Plaza (Keene, NH), Hunt River Commons (North Kingstown, CT), Wegmans Plaza (Niagara Falls, NY), and Independence Corner (Sudbury, MA).
Senior asset manager, Paige Quigley said, “With the everyday shopping trips made to Market Basket, the convenient mix of other tenants like Home Depot, Party City, Citizens Bank, and Verizon to name a few, plus the adjacency to a major commuter rail station, Bristol Place is a well- trafficked center in a uniquely advantageous location.”
