News: Retail

Feiner of MG Commercial sells 2 retail properties totaling $620,000

Dan Feiner of MG Commercial Real Estate Services, representing the ownership of 1088 Bald Hill Rd., sold the 3,700 s/f free-standing retail property for $370,000 which has Hollywood Nails as a tenant in part of the building to AMX Holdings. The new owner will absorb the balance of the building and is a precious metals retailer. They will also sell and purchase jewelry and other accessories. This property is located adjacent to the Rite Aid Pharmacy and is located on Rte. 2. The new owner is expanding their company that is currently located in Conn. In addition, Feiner represented the ownership of 257 Bullock's Point Dr. in East Providence. He sold the 2,800 s/f free-standing retail property for $250,000 to SLW, LLC. The use will remain as a coin operated laundrymat with dry-cleaning services. The new owner will upgrade the equipment and provide full laundry service. There is ample parking for customers. MG Commercial Real Estate is a full service, commercial real estate company located in Providence, and serving all of Rhode Island and southeastern Mass.
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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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