News: Retail

Campanelli signs 85,000 s/f lease with Stop & Shop in Middleborough

Campanelli, a full-service commercial real estate development and construction company, has signed an 85,000 s/f long-term lease with supermarket chain Stop & Shop at Campanelli's Business Park of Middleborough. Sean Teague, executive managing director of DTZ, and George O'Connor, associate, represented the tenant. The newly renovated space, which includes a 72,000 s/f warehouse and a 4,700 s/f office component, was renovated from the former headquarters and warehouse of Champion, which was originally built by Campanelli Construction in 2001. Campanelli's in-house construction arm performed the interior demolition of the former Champion site and repurposed it based on Stop & Shop's current needs. The Business Park of Middleborough is home to several major Massachusetts-based companies, including headquarters and warehouse for Christmas Tree Shops, NES Clothing, and Sager Electronics. A mature 200-acre business park strategically located on Rtes. 18 and 28, only one quarter of a mile from I-495, the business park is an optimal hub for distribution centers. "Stop & Shop has come a long way since its original market opened its doors in Somerville, Mass. over 100 years ago," said Campanelli Construction president Jeff DeMarco. "Now with close to 400 superstores open throughout all of New England and spreading into New Jersey and New York, Stop and Shop is considered a supermarket pioneer. We are thrilled that they have chosen our business park in Middleborough for their newest warehouse and distribution center."
Tags: Retail
MORE FROM Retail
Retail

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.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.

Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.