For Immediate Release
Madison International Realty Enters Partnership with WS Development to Acquire 50% Ownership Stake in Legacy Place, an Open Air Lifestyle Grocery-Anchored Retail Center in Dedham, MA
New York, March 11, 2025—Madison International Realty, a leading real estate private equity firm, has acquired a 50% stake through a limited partner replacement in Legacy Place, a six building, 490,000 sq ft, 37 acre open air grocery-anchored lifestyle center located in Dedham, MA, a dense infill suburb of Boston. Madison International Realty joins WS Development which has owned the other 50% stake and has operated the asset since 2008.