News: Front Section
Posted: December 10, 2015
Cirel of Atlantic Retail Properties brokers lease to Hooters at MarketPlace Shrewsbury
Hooters, MarketPlace Shrewsbury - Shrewsbury, MAShrewsbury, MA Hooters of New York/New England joins MarketPlace Shrewsbury. The grand opening of Hooters will take place on December 7. The new 200 seat restaurant boasts 24 draft lines, a 24 seat bar, 51 streaming TVs. The latest prototypical elements include an open floor plan, cypress wood surroundings and LED lighting.
Marc Phaneuf Jr. of Phancon, Inc., owner of 8 additional northeast Hooters, invites everyone to “come on down and join the fun.”
MarketPlace Shrewsbury developer Sam Adams welcomes Hooters and promises “this is just the start of many new and exciting experiences to be had at MarketPlace and The Grove at Maple and Oak!” Worcester County will soon be saying “Meet me at Marketplace!”
Adam Cirel of Atlantic Retail Properties brokered the transaction.
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
Quick Hits
Columns and Thought Leadership
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
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>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
It’s time to get creative with closed college campuses - by Christian Koulichkov
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in