Torrington Properties Acquires Mall at Fox Run in Newington


Share post:

Torrington Properties (Torrington) has acquired the Mall at Fox Run in Newington from Morgan Stanley. The more than 250,000-square-foot mall is home to over sixty stores and restaurants, including local and national retailers such as Seacoast Cars & Coffee, Aeropostale, American Eagle, Bath & Body Works, H&M, LOFT, Men’s Wearhouse and Yankee Candle.

Torrington’s immediate plan is to maintain the current tenant profile while attracting new businesses to fill existing vacancies. The Spinoso Real Estate Group, which managed the property under the previous ownership will continue in this role under Torrington.

“The Mall at Fox Run is a storied regional property with the potential to once again become a high-traffic, vibrant destination,” Torrington Chief Executive Officer Jay Bisognano said. “As we consider ways to improve the experience, we will engage with top consultants in the field and begin studying the best innovative ideas from across the country to bring to Newington.”

Torrington closed on the mall property in November, 2022.

Torrington previously acquired the 130,400-square-foot, vacant former Sears store at the mall for $11.5 million in October 2022, and the nearby 15-acre Newington Park Shopping Center for $13.3 million in 2021, where it is currently developing a Chick-Fil-A.

Torrington is studying similar developments across the country to make the Mall at Fox Run and Newington Park Shopping Center a mixed-use community destination that would potentially include other commercial uses like office, entertainment and a hotel.

Torrington’s Recent Commercial Activity

In June 2023, Torrington acquired the Mill Road Plaza in Durham for $8.8 million as part of its focus on grocery-store-anchored, community-focused plazas.

In June 2022, Torrington completed New Hampshire’s largest commercial office real estate acquisition in recent years with the $46.9 million purchase of 100 Domain Drive in Exeter. The 263,000-square-foot building’s tenant roster includes Bauer Hockey, FH Cann & Associates and Garnett Hill.

It also signed a deal with ConvenientMD to relocate its corporate headquarters in the 44,000-square-foot commercial building at West End Yards in Portsmouth, where Buffalo Wild Wings Laney & Lu and F45 Training are located.

For more information about Torrington Properties, visit

Source link

Nicole Lambert
Nicole Lambert
Nicole Lamber is a news writer for LinkDaddy News. She writes about arts, entertainment, lifestyle, and home news. Nicole has been a journalist for years and loves to write about what's going on in the world.

Recent posts

Related articles

Avison Young arranges 99-year ground lease for an estimated $21.5 million

Share0 Avison Young has arranged a 99-year long-term ground lease at 301-307 Third Avenue on behalf of Snake...

Rosewood Realty Group Brokers $36.5 Million Sale of 15-Story Hells Kitchen Mixed-Use Building

Share0 Rosewood Realty Group announced the $36.5 million sale of 159-161 West 54th Street, a 15-story, mixed-use building...

AI and cloud adoption propel data center demand to record levels for 2023

Artificial intelligence (AI) and machine learning are touching the corners of every industry in a rapidly changing...

Miller Construction Begins Work on an 80,000-Square-Foot Build-to-Suit Industrial Warehouse in Orlando

Miller Construction Company, a statewide, privately-held construction firm, has begun site work on an 80,000-square-foot warehouse for...

Local Development Corp. Votes Final Approval of $195 Million Bond Financing for Construction of New 162,626 SF Patient Care Tower at Westchester Medical Center

The Westchester County’s Local Development Corporation (LDC) voted on August 23 final approval of $195 million in...

NAI James E. Hanson Tapped to Sell 133,032-Square-Foot Retail Power Center in Riverdale, N.J.

 NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces it has...

Curtis + Ginsberg Architects To Relocate HQ To Rudin’s One Battery Park Plaza

 Rudin announced today that Curtis + Ginsberg Architects has signed a 12,602 square-foot lease at One Battery Park Plaza in Lower...

Camber Property Group Closes on $23 million Oakland Heights Apartments

Camber Property Group announced today the acquisition and preservation of the Oakland Heights Apartments, a 12 acre...