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O’Connor Capital and Real Vest close on two shopping center deals

Boston -- O'Connor/Real Vest Retail Holding Co., LLC, a partnership formed by O'Connor Capital Partners and Wafra Investment Advisory Group, have teamed with The Wilder Cos. to complete transactions that include the purchase of Milford Marketplace in Milford, Conn., and the acquisition of the ownership interest in Phase I of Settlers Ridge in Pittsburgh.

The centers were developed and managed by Chattanooga, Tenn.-based CBL Properties.
 
Milford Marketplace is a 112,000-sq.-ft. open-air center anchored by Whole Foods Market and featuring Loft, Banana Republic, Chico's, Coldwater Creek, and J. Jill.

Phase I of Settlers Ridge is a 400,000-sq.-ft. regional shopping center in Robinson Township, part of the Pittsburgh trade area. Settlers Ridge features a 150,000-sq.-ft. Giant Eagle Market District, REI, LA Fitness, Barnes & Noble, a 16-screen Cinemark theater and P.F. Chang’s. The center also features a Courtyard by Marriott.

The Wilder Cos. has assumed management and leasing of the two centers.

© 2014