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RD Management Signs Leases With HomeGoods and T.J.Maxx at Milford Crossing in Milford, MA

08/01/2017

NEW YORK—August 1, 2017—RD Management LLC, one of the nation’s largest privately held real-estate development and management organizations, announced today it has signed leases with HomeGoods and T.J.Maxx at its Milford Crossing shopping center in Milford, Massachusetts. The 24,628-square-foot HomeGoods and 21,863-square-foot T.J.Maxx are expected to open in fall 2017.

Milford Crossing is located at 120-128 Medway Road at the intersection of Medway Road and Beaver Street. The 157,921-square-foot shopping center is situated off of I-495 in a bustling retail corridor, complete with an 80-foot pylon sign on Beaver Street visible to drivers on the interstate. The former Kmart on the property is currently being redeveloped and expanded for new anchors, including a Stop & Shop that is expected to open in November 2017. In addition, new 6,000-square-foot and 20,000-square-foot buildings will be constructed. The 20,000-square-foot building will include a Starbucks, Chipotle, and other retailers. Chipotle and a Starbucks with a drive-thru and outdoor seating are expected to open in the first quarter of 2018.

“On the heels of announcing Starbucks, we’re pleased to share two more national big-box retailers will be joining Milford Crossing and the greater community,” said Richard Birdoff, principal and president of RD Management. “We’re confident these businesses, alongside Stop & Shop, will bring robust traffic to the shopping center. The team and I look forward to completing our enhancements and welcoming additional retailers to Milford Crossing so the residents of Milford and beyond can enjoy everything these brands offer and experience one-stop shopping and dining.”

Milford Crossing is one of seven properties owned by RD Management across Massachusetts, and one of more than 150 properties in its national portfolio. 

Those interested in leasing space at Milford Crossing can contact Darren Sasso at (212) 265-6600 x354 or dsasso@rdmanagement.com.

About RD Management

Consistently ranked among the nation’s largest, privately held real-estate development and management organizations, RD Management owns and operates a portfolio of 150+ assets throughout the United States and Puerto Rico, with properties spanning the mixed-use, retail, office, residential, hospitality, self-storage, senior/student housing, industrial, and government sectors. RD Management specializes in development, redevelopment, and acquisitions in key markets and maintains in-house expertise in leasing, property management, construction, accounting and finance, legal, and information technology services. With more than 40 years of experience, RD Management has a proven track record of enhancing the value of its properties through hands-on management, renovation, and expansion. For more information visit www.rdmanagement.com.

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08/01/2017 - 09:00

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