KeyPoint's management is still assessing if the 1.9-million-sfportfolio will get new tenants or renovations, says William Lawler,a partner at the firm and director of property and assetmanagement. "We're going to take a hard look at each one of theseproperties and come up with a business plan to add value to everyone of them," he tells GSR.

The properties are located on Massachusetts South Shore andaround Cape Cod, so the "demographics are great," Lawler says. Mostof the centers are also relatively mature, due to Tedeschi's priorleasing efforts, he says, but if more tenants are needed thequality of the portfolio should attract a number of retailers.

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