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Joint Venture to Acquire, Manage Massachusetts Shopping Center

Represented Charter Realty & Development Corp., a real estate investment and development company, in a joint venture with Regency Centers Corporation to acquire Fellsway Plaza, a 150,000-square-foot shopping center located in Medford, Massachusetts Fellsway Plaza has been a key retail location for consumers traveling to and from of Boston since the 1950s. Charter is responsible for ongoing development, property management, and leasing on behalf of the joint venture, and will oversee several planned upgrades to the property, which include modernizing building aesthetics, constructing new buildings, renovating common areas, as well as updates to the tenant mix.