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Chicago & Midwest  + Midwest  + Retail  |  June 25, 2025
Jasmine Kilman
By: Jasmine Kilman

WS Development, Barings Acquire 200K-SF Property in Grand Rapids

WS Development and Barings have acquired Breton Village, a 200,000-square-foot open-air lifestyle destination located in Grand Rapids, Michigan.

The acquisition marks WS Development’s fifth project in the Midwest. “Breton Village is an established property with incredible potential for growth,” said Jeremy Sclar, Chairman and CEO of WS Development. “With its strong tenant mix and deep community ties, it’s an honor for WS to join the Grand Rapids community, and we look forward to enhancing the beloved community destination for many generations to come.”

The 200,000 square foot development consists of a mix of local and national tenants. “We are pleased to acquire this well-located center alongside WS. We continue to see long-term trends supporting lifestyle centers and are excited to add Breton Village to our growing retail portfolio,” said Payton Larson Smith, Senior Director, Barings.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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