Boston, MA Wilder, the retail real estate leasing, management, and development firm, continues to grow its management services with the addition of two new shopping centers in Massachusetts.
Wilder assumed the leasing and management of Milford Crossing, a 158,800 s/f grocery-anchored specialty center located in the town of Milford, in the I-495 corridor of Greater Boston. This move coincides with the centers’ recent sale to LaSalle Investment Management, an independent subsidiary of Jones Lang LaSalle. This is the first center Wilder is managing for LaSalle. “As a major open-air asset with strong anchors including Stop & Shop, T.J. Maxx, and HomeGoods, this is sure to be an excellent addition to Lasalle’s portfolio. Our goal is to evaluate all aspects of the property for opportunities to help maximize and enhance the investment,” said Wilder’s vice president, acquisitions, Brian Cosentino. “We look forward to this assignment and to developing an ongoing relationship with LaSalle.”
Also, Wilder is now managing and leasing a third center for Quincy-based Dickinson Development Corp. (DDC). New to the portfolio is Riverside Landing in New Bedford, which DDC owns with partner D.W. White. The center features a 97,000 s/f Market Basket, Dr. Dental, Expressions, Great Clips, Little Caesars, Popeye’s, and Taco Bell.
“We have had an ongoing, successful relationship with Wilder for nearly 20 years as they have been managing both the Crossing at Walkers Brook in Reading and Merrimac Plaza in Methuen for the company. Their ability to proactively manage and lease these properties has kept the centers in demand and competitive in their respective markets. We are pleased they will be handling Riverside Landing for us,” said Mark Dickinson of Dickinson Development.