Broad Reach Retail Partners LLC, a value-add retail owner and operator of shopping centers, recently acquired the Warsaw Village Shopping Center in Warsaw, despite the unusual business climate introduced by the COVID-19 pandemic.
The deal reflects the firm’s continued confidence in the commercial real estate sector. Broad Reach of Millersville, Md., isn’t looking for shopping centers on the ropes. On the contrary, they believe there are many solid centers serving their communities that have great unrealized potential, reported founder and chief executive officer Nate Tower.
“I’ve always maintained that necessity-based retail may evolve, but will always thrive…
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