News: Retail

Avison Young secures 10,000 s/f

Avison Young, the world's fastest-growing commercial real estate services firm, completed a 10,000 s/f long-term lease at Cambridge Hanover's 100 Trap Falls Rd. with Option Care Enterprises, Inc., a subsidiary of Walgreens. Sean Cahill, Avison Young principal and managing director of the firm's Fairfield/Westchester office, represented Cambridge Hanover in the transaction, while Christina Blair of CBRE represented the tenant. Cambridge Hanover purchased the 81,526 s/f property in July 2013, and has completed major capital improvements to convert the building from a single-tenant industrial property to a modern, multi-tenant flex building. The capital improvements have also included significant upgrades to the property and tenant spaces. The property provides access to Rte. 8 by nearby Exits 11 and 12.
Tags: Retail
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McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

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