SOUTH WINDSOR SCOOP: The Shops at Evergreen Walk sold for $98.25 million

The Shops at Evergreen Walk has been sold!

The outdoor shopping district was sold to a joint venture of Brand Street Properties & Barings from previous owner PGIM (Prudential Global Investment Management) for $98.25 million.

The shopping center will continue to be managed by Brand Street (the management company for the past 5 years) and by Barings (a global asset manangement firm.)
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The Shops at Evergreen Walk has been successful in reinvigorating their shopping center. In recent years they have attracted new best-in-class tenants including Lululemon, Whole Foods Market, Gap Factory, J Crew Factory, Nike, Bluemercury, and many more. New tenants are coming soon including Stretchlab and Qdoba Mexican Eats.