News: Retail

Summit Realty and Katz Properties signs 20,413 s/f lease to Planet Fitness

According to Summit Realty Partners and Katz Properties, a Planet Fitness franchisee has signed a lease at Monadnock Marketplace located at 30 Ash Brook Rd. Planet Fitness plans to open a 20,413 s/f, full-service, fitness facility which will fill a void at both the shopping center and in the community for a health club with top of the line equipment and services. Monadnock Marketplace is a 505,000 s/f power center anchored by Target, Home Depot, and Price Chopper. Planet Fitness plans to start construction in Keene this June with an anticipated opening date this fall.
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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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