News: Brokerage

Second Horizon Capital closes on Kingston Collection - 473,000 s/f retail space

Kingston, MA Second Horizon Capital has closed on its acquisition of Kingston Collection, a 473,000 s/f retail space. With this acquisition, Second Horizon Capital continues its work of transforming challenged commercial real estate projects and aims to make Kingston Collection a vibrant and entertaining community hub for the South Shore. 

“Second Horizon Capital is excited to add Kingston Collection to our portfolio of transformational assets across the country,” said Howard Levine, co-founder and managing partner of Second Horizon Capital. “As impact-focused investors, we are excited about the opportunity to partner with community stakeholders in the Kingston area to create a long-term vision for the center. Our first priorities are to re-energize on-site activity and better leverage existing operating infrastructure to improve the experience at the center for both guests and tenants.”

Second Horizon Capital’s acquisition of Kingston Collection was driven by the attractive economic environment in Plymouth County. The firm’s vision for the property aligns with the goals of local constituencies to activate Kingston Collection as a significant activity hub for its neighborhood and the South Shore community.

“We are excited to build strong partnerships in and beyond the Kingston community to support the transformation of Kingston Collection. We look forward to building a vibrant future for the center,” said Camilo Varela, co-founder and managing partner of Second Horizon Capital.

Second Horizon Capital has engaged Spinoso Real Estate Group to provide ongoing property management and leasing services. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.