News

Urban Edge Properties Acquires Revere, MA Shopping Center

Located on 16 acres, the shopping center is 100% leased with a tenant roster that includes: Marshalls, Planet Fitness, St Jean’s Credit Union and 99 Restaurant. The property is a strategic, transit-oriented, value-add acquisition for the company’s growing Metro Boston portfolio, Urban Edge Properties states.

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The Wonderland Marketplace is 100% leased.

REVERE, MA—New York City-based Urban Edge Properties has acquired the Wonderland Marketplace, a 139,507-square-foot shopping center on Route 1A here for $24.1 million.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
3 free articles* across the ALM subscription network every 30 days
Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account? Sign In Now

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

Dig Deeper

Recommended Stories

WS Development Acquires Rhode Island Shopping Center for Reported Price of $181M

John Jordan | February 05, 2020

The firm’s new asset totals more than 530,000 square feet and includes such national tenants as Whole Foods, lululemon, L.L. Bean, Crate & Barrel, Pottery Barn, Sephora and Williams Sonoma.

Peebles to Move Forward with Long-Delayed Air Rights Project

John Jordan | February 10, 2020

The letter of intent filed on Friday on behalf an affiliate of Peebles Corp. is in connection with Air Rights Parcel 13 located on the northeast corner of the intersection of Massachusetts Avenue and Boylston Street.

New Haven Opportunity Zone Office Building Trades for $12.2M

John Jordan | February 07, 2020

The building was previously AT&T’s corporate office and is currently partially leased to a number of office tenants.

Resource Center

CRE professionals are relying more on data and analytics to drive decision making. Discover how alternative data sets provide a competitive edge on everything from choosing the best location for your next development opportunity to optimizing existing real estate footprints.

White Paper

GlobeSt. NET LEASE 2020Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now