NORWALK – Centennial, a national retail real estate owner and operator, has replaced Brookfield Properties as the property manager for The SoNo Collection, a premier luxury and lifestyle shopping center.
Under the agreement, effective immediately, Centennial will assume responsibility for day-to-day operations at the property, including property management, marketing, and accounting.
The announcement comes two months after the mall’s investors announced they were seeking a new owner as they had retained Chicago-based JLL Capital Markets as an exclusive advisor for a sale of the loan documents granting a first mortgage.
“We are proud to have been selected and entrusted to lead The SoNo Collection into its next chapter,” said Centennial President Paul Kurzawa. “This is a truly exceptional asset that has redefined the retail experience in Connecticut. Our focus will be on building upon the center’s strong foundation, driving sustained traffic growth, and deepening its role as a community anchor.”
Spanning more than 700,000 square feet, The SoNo Collection is New England’s newest large-scale retail destination and a cornerstone of the South Norwalk neighborhood. Since its opening in 2019, the center has emerged as a premier destination for the region’s “Gold Coast” market, offering a curated mix of premium, contemporary, and lifestyle brands.
The property is anchored by southern Connecticut’s only Nordstrom and the state’s only Bloomingdale’s, and features a strong lineup of globally recognized retailers, including Apple, Zara, H&M, Sephora, and Arhaus.
The SoNo Collection will remain open and fully operational throughout the transition, continuing to deliver a seamless experience for guests and retail partners alike.
Centennial brings a comprehensive third-party management platform to the assignment, combining strategic merchandising, experiential marketing, customized placemaking, and data-driven leasing.
JLL was hired by investors of GGP, a subsidiary of Brookfield Properties that fully acquired GGP (formerly General Growth Properties) in 2018 for $9.25 billion.
The mall property, located at 100 N. Water St., is worth $157.5 million, according to Norwalk’s 2025 Grand List. The property serves approximately 385,000 residents within a 10-mile radius earning average household incomes exceeding $235,000.
Centennial operates more than 25 million square feet of retail destinations across 18 states. In the Northeast, the firm also manages Connecticut Post Mall in Milford, Trumbull Mall and Providence Place in Rhode Island.
