Connect with us

Community

New owners of southeastern Massachusetts mall look to create a vibrant and entertaining transformation

Published

on

Second Horizon Capital has announced the closing of its acquisition of Kingston Collection, a 473,000 square-foot retail space located in Kingston, Massachusetts. With this acquisition, Second Horizon Capital continues its work of transforming challenged commercial real estate projects and aims to make Kingston Collection a vibrant and entertaining community hub in the heart of Boston’s South Shore.

“Second Horizon Capital is excited to add Kingston Collection to our portfolio of transformational assets across the country,” commented Howard Levine, Co-Founder and Managing Partner of Second Horizon Capital. “As impact-focused investors, we are excited about the opportunity to partner with community stakeholders in the Kingston area to create a long-term vision for the center. Our first priorities are to reenergize on-site activity and better leverage existing operating infrastructure to improve the experience at the center for both guests and tenants.”

Second Horizon Capital’s acquisition of Kingston Collection was driven by the attractive economic environment in Plymouth County. The firm’s vision for the property aligns with the goals of local constituencies to activate Kingston Collection as a significant activity hub for its neighborhood and the South Shore community.

“We are excited to build strong partnerships in and beyond the Kingston community to support the transformation of Kingston Collection. We look forward to building a vibrant future for the center,” added Camilo Varela, Co-Founder and Managing Partner of Second Horizon Capital.

Second Horizon Capital is based out of Florida and their portfolio includes Stony Point Fashion Park in Richmond, VA and Park Plaza Mall in Little Rock, AR.

SHC has engaged Spinoso Real Estate Group to provide ongoing property management and leasing services.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Copyright © 2017 Fall River Reporter