Members of the Brookhill Group were not available for comment but Charles Kramer, company president, is quoted as saying in a released statement, "Manchester is an important part of an economically strong region that encompasses southern New Hampshire and northeastern Massachusetts and benefits from the Boston economy." The center is located directly opposite the Mall of New Hampshire, a one million sf regional mall.
New York-based Brookhill focuses on acquiring and redeveloping distressed real estate, with an emphasis on shopping centers. The company has acquired properties in 21 states, with an aggregate acquisition value of over $650 million.
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