Brand Street Properties And Barings Purchase The Shops At Evergreen Walk For $98.25M In South Windsor

The Shops at Evergreen Walk, located at 501 Evergreen Way in South Windsor, CT, is a grocery-anchored lifestyle center with an estimated 3.4 million annual visitors. The property was sold for $98.25 million, marking a significant transaction in the retail asset category.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $98,250,000
• Buyer: Paul Brandes - Brand Street Properties & Barings
• Seller: PGIM
• Broker: Nat Heald - CBRE

Nat Heald’s team at CBRE represented the seller, PGIM, in this transaction. The deal was finalized on January 14, 2026, highlighting the collaborative efforts in securing this retail asset for Brand Street Properties and Barings.