A warranty deed recorded in Essex County, MA, confirmed the $91 million sale of The Loop in Methuen to Core Fund Loop Property LLC, an affiliate of Dallas-based fund manager Invesco Realty Advisors with an address registered to Ohio Police & Fire Pension Fund (Ohio P&F). Loop Methuen Associates Inc., also an affiliate of Invesco, sold the 480,000-square-foot regional shopping center for $190 per square foot. As both entities are affiliates of Invesco, this transaction represents the transfer of property from one investment portfolio to another within the same company. The last transaction of The Loop occurred in April 2002, when Wilder Cos. sold it to Loop Association for $54.5 million. Loop Association was an affiliate of a fund manager, Lend Lease Real Estate Investments, which at the time managed the Ohio P&F fund. In 2003, Lend Lease announced its intention to exit the equity real estate investment management business in the U.S. and in turn, Ohio P&F assigned Invesco as the new manager of its fund. Wilder has continued to manage The Loop throughout the transactions; the company completed the redevelopment of the 46-acre property in 2000. The Loop was once the site of the enclosed Methuen Mall. Now an open-air power center/lifestyle center, The Loop Methuen is home to: Loews Theatres, Borders, Marshalls, Old Navy, Home Depot, Stop & Shop, Gap, Starbucks, Bath & Body Works, Ann Taylor LOFT, Olympia Sports, Macaroni Grill, and more. "The Loop" is a format Wilder is trying to carry across other developments--it already operates The Loop Kissimmee in the Orlando area. Wilder is developing The Loop in Punta Gorda, FL, and The Loop in Northborough, MA.