NEW YORK, Jan. 15, 2026 –  JLL Capital Markets announced today that it has arranged joint venture equity and a $76.9 million acquisition loan for The Shops at Evergreen Walk, a 357,742-square-foot retail center in South Windsor, Connecticut.

JLL represented the borrower, Brand Street Properties, in securing joint venture equity with global asset management firm, Barings. JLL also represented the partnership in securing the acquisition loan through an international bank.

The Shops at Evergreen Walk is one of the region’s most dynamic retail destinations and recently celebrated its 20^th anniversary. Over the past several years, the center has undergone strategic repositioning and redevelopment, welcoming a lineup of sought-after, destination retailers that have strengthened its regional draw in the Hartford area. Recent and notable additions include Whole Foods, lululemon, Golf Lounge 18, J.Crew Factory, Gap Factory, Nike, Bluemercury, along with a growing mix of national brands, specialty retailers, dining and service-oriented businesses. The center sits within a master-planned development that includes residential communities, hotels, fitness facilities and other complementary uses, creating a vibrant mixed-use environment.

Strategically located along Interstate 84, The Shops at Evergreen Walk serve as a regional destination for shopping, dining and entertainment. The property is also known for its robust calendar of seasonal events, family-friendly programming, and experiential offerings that extend beyond traditional retail. The region benefits from a highly educated workforce, numerous colleges and universities and a diverse economy spanning healthcare, aerospace and financial services.

JLL Capital Market’s team of Senior Managing Director Chris Angelone and Senior Director Zach Nitsche led the Equity Advisory placement, while the Debt Advisory Team was led by Senior Managing Director Scott Aiese. Analytical support on both transactions was led by Associate Sam Wiesman.

"The Shops at Evergreen Walk is a dynamic, well-located asset with best-in class retailers and great momentum," said Angelone.

“In addition to stable in-place cash flow from a powerful tenant roster, The Shops at Evergreen Walk offers multiple pathways to add value,” said Aiese. “With a thoughtful business plan and a strong foundation established over the last five years managing the property, Brand Street Properties and their institutional partner Barings are the kind of borrower that lenders actively seek out in today’s market. We are thrilled to close this loan with the partnership.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY^SM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com. 

Brand Street Properties is a privately held real estate investment, development and management firm specializing in retail and mixed-use properties. The firm takes a hands-on, strategic approach to asset management, focusing on leasing, property enhancements, and community engagement to drive long-term value. Brand Street Properties owns and manages properties throughout Connecticut and beyond including Massachusetts, New York, New Jersey, North Carolina, Pennsylvania, Rhode Island and Vermont. 

Barings is a $470+ billion* global asset management firm that partners with institutional, insurance and intermediary clients, and supports leading businesses with flexible financing solutions. The firm seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions. *As of September 30, 2025