Preotle, Lane & Associates Announces Sale at River’s Edge Mixed Use Development

Preotle, Lane & Associates Announces Sale at River’s Edge Mixed Use Development

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WilmerHale is renowned for its sophisticated representation of investors, developers, landlords, tenants, lenders and institutions on complex real estate projects and transactions.
WilmerHale lawyers have decades of experience advising public and private companies in all aspects of mergers and acquisitions.

Preotle, Lane & Associates, a Medford, Massachusetts based real estate development firm, has sold a development parcel within the River’s Edge mixed use development in Medford, Massachusetts, to an affiliate of Criterion Development Partners, a Dallas based real estate development and investment firm with an office in Newton, Massachusetts. The multi-million-dollar transaction supports the next phase of development at the River’s Edge site, which includes additional residential construction alongside existing residential, office, recreational, and retail uses.

River’s Edge is a long-standing mixed-use development located along the Malden River off Route 16, with multiple residential and office buildings completed over prior phases. The sale closed on March 31, 2026. 

WilmerHale represented Preotle, Lane & Associates in the transaction. 

The WilmerHale team included Doug Burton, Ben Unger and Robyn Casper.

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