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Urban Edge Acquires Two Boston-Area Shopping Centers From SITE for $309 Million

REIT Sells North Jersey Industrial Sites for $217.5 Million, Scraps Medical Office Plans
Gateway Center, whose anchors include a Target, is one of two shopping centers that Urban Edge Properties acquired from SITE Centers. (Bret Osswald/CoStar)
Gateway Center, whose anchors include a Target, is one of two shopping centers that Urban Edge Properties acquired from SITE Centers. (Bret Osswald/CoStar)
CoStar News
October 31, 2023 | 8:00 P.M.

Retail landlord Urban Edge Properties has acquired two Boston-area shopping centers from SITE Centers for $309 million, and sold its 1.2-million-square-foot industrial portfolio in North Jersey for $217.5 million, as it rejiggers its holdings.

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