REI Milford CT – Milford Square Shopping Center
January 6, 2017
SullivanHayes is pleased to announce that Tim McNamara has negotiated on behalf of REI to take 20,000 SF in Milford, CT in the newly developed Milford Square project. REI is the major anchor tenant to this new shopping center development, but co-tenants include Panera Bread, Verizon Wireless, Chase Bank, Pet Valu and Salons by JC.
The Milford/ Orange market is known as a super regional trade area drawing from all of New Haven County and parts of Fairfield County. This project was particularly attractive for REI, as it is also located across from the Whole Foods anchored Milford Marketplace.
REI (Recreational Equipment Incorporated) is a retail chain carrying gear, apparel & footwear for a wide range of outdoor & fitness activities. Structured as a cooperative, the 79 year old company is owned by its members who receive the benefit of a yearly dividend based on their purchases. REI’s goal is for people to experience and be stewards of the great outdoors. With over 145 stores, REI is located in most of the major markets of the US. New stores measure approximately 25,000sf on one level and REI will purchase, lease or enter build to suit opportunities and focuses on markets whose populations tend to be outdoor oriented. SullivanHayes is representing REI throughout New England and the Hudson River Valley region of NY.