For $92.5 million, Willett Cos. has purchased a 75 percent stake in Milford (Conn.) Crossing Shopping Center, along with Ireland-based Parker Green, which has an office in New York City.
Rye-based Willett owns eight other properties in Fairfield County, Conn.
Original developer Milford Crossing L.L.C. retains a 25 percent ownership interest in the 380,000-square foot center, whose tenants include Wal-Mart Stores Inc., Staples Inc., Circuit City and Barnes & Noble.
ÂÂ
