News: Retail

KeyPoint Partners negotiates lease with O’Reilly Auto Parts totaling 6,605 s/f

Plaistow, NH KeyPoint Partners (KPP) negotiated a lease with O’Reilly Auto Parts at Plaistow Place. Vice president of leasing Don Mace represented the landlord in the transaction.

O’Reilly Auto Parts will open a new store in a prominent 6,605 s/f endcap at the center. Plaistow Place is located on Plaistow Rd. (Rte. 125), in the center of the town’s 1.26 million s/f retail concentration. Neighboring retailers include Aldi, Dollar Tree, Shaw’s, TJ Maxx, and many others. Other tenants at the center include Casey’s Diner, Meineke Car Care Center, and Golas Bros. Auto Parts.

“O’Reilly Auto Parts is a major enhancement to the tenant mix at Plaistow Place,” Mace said. “O’Reilly will absorb the entire frontage, and will benefit from outstanding storefront visibility and access from Route 125. We anticipate that construction will commence very soon, as permits have been granted.”

O’Reilly Automotive is the dominant auto parts retailer in its market areas, offering their retail customers, professional installers, and jobbers the best combination of price and quality with the highest possible service level. O’Reilly currently operates 5,759 stores in 47 states.

KeyPoint Partners is the region’s premier commercial real estate service firm, providing a wide range of services to retailers, property owners, and financial institutions including retail brokerage, investment sales, property & asset management, construction, custom market research, and financing/consulting services.

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.
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.
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.