News: Retail

Powers & Co. completes retail leases totaling over 20,000 s/f

Fresco’s Roast Beef & Seafood, 775 Eastern Avenue - Malden, MA Fresco’s Roast Beef & Seafood, 775 Eastern Avenue - Malden, MA

Hanover, MA A Healthy Balance has leased 3,706 s/f at Tedeschi Plaza in Hanover. This will be a second location for A Healthy Balance offering fitness training and nutrition consulting.

Dawg City, who has been in business for over 20 years in Andover,  has leased 1,662 s/f at Crossroads Plaza on Rte. 114 in North Andover.  This will be Dawg City’s second location.  Also at Crossroads Plaza - Georgetown Savings Bank has relocated its branch from the Eaglewood Shops and leased 1,868 s/f, opening a new contemporary branch to better serve their customers.  Crossroads Plaza is anchored by Starbucks, Fuddruckers, and other strong local and regional tenants.

In downtown Haverhill, Mass. Battle Grounds Coffee Co. has leased 1,500 s/f in the newly restored Marsh Building.  A ribbon cutting was held on June 7th.  The spaces offer period detail such as high tin ceilings and exposed brick.  This property is just one of many recent developments taking place in downtown Haverhill where there is tremendous revitalization which will reinvigorate the streetscape.

Powers & Company represented the owner of the property located 689 Massachusetts Ave. in the sale of the Tryst restaurant and the lease renewal in 3,716 s/f.  

Beantown Chiropractic opened in 3,080 s/f and Fresco’s Roast Beef & Seafood has opened in 1,789 s/f joining Domino’s at 775 Eastern Ave. in Malden and the building is now 100% leased.

Dr. Dental leased 2,388 s/f and Lapel’s will be opening soon in 750 s/f in Braintree on Grove St. with Stop & Shop, TJ Maxx, Home Goods, CVS and other notable retailers.  There is one 1,000 s/f space coming available in August.

In addition to the above new leases Powers & Company has also completed the following renewals on behalf of their clients: the Post Office in Sudbury Plaza, Sudbury Mass., and FedEx at Waltham Plaza, Waltham, Mass.

Powers & Company represents retail landlords throughout New England.

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