News: Retail
Posted: December 22, 2009
Joyce and Nugent of RBJ represent Citizens Bank in 46,846 s/f lease
Richards Barry Joyce & Partners, LLC (RBJ), a full-service commercial real estate advisory firm, represented Citizens Bank in a 46,846 s/f lease at Legacy Place.
Legacy Place will house Citizens Bank's consumer finance, consumer & business banking, and marketing departments which will relocate from locations in Norwood and Westwood. The groups will occupy 43,772 s/f of office space, primarily on the second floor of the Pavilion Building.
Additionally, Citizens will open a banking branch, consisting of 3,074 s/f of retail space and three ATMs. The branch will offer full banking services. Citizens Bank will also become the banking and financial services sponsor of Legacy Place.
Legacy Place is a new 675,000 s/f development located at the intersection of Rte. 1 and Rte. 128. Anchored by Whole Foods Market, L.L.Bean, Showcase Cinema de Lux, Borders, and Kings, Legacy Place is a joint venture of WS Development and National Amusements.
Michael Joyce, partner, and Jay Nugent, senior vice president of Richards Barry Joyce & Partners represented Citizens Bank in the transaction. Colliers Meredith & Grew represented WS Development, the landlord and developer of Legacy Place.
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