News: Retail
Posted: February 22, 2019
Summit Realty Partners finalizes four retail leases totaling 9,507 s/f
Exeter, NH Summit Realty Partners, Inc. is experiencing a favorable retail leasing environment with several new shopping center lease transactions with service, financial and fitness tenants at the start of the new year.
Newburyport Five Cents Savings Bank signed a lease for a new branch at Hannaford Supermarket Plaza in Exeter, N.H. Their newest location will open early spring 2019 and will feature 2,486 s/f. This bank was founded in 1854 and currently has nine locations in both Massachusetts and New Hampshire, and over $860 million in assets.
SPENGA, a popular fitness concept that combines spin, strength training and yoga signed a lease for 3,672 s/f at 493-495 Amherst St. in Nashua, N.H. Todd Alexander of Newmark Knight Frank represented the tenant.
SportClips, a national haircut franchise that primarily caters to men and boys signed a lease for 1,700 s/f at Northgate Plaza in Portland, ME. Seth Lerner of Lerner Real Estate represented the tenant.
Excel Dental, a multi-unit general dentist practice has signed a lease at 49 Jackson St. in Methuen, Mass. Their newest location will be 1,649 s/f and is set to open in fourth quarter of 2019. This will be the 3rd location for Excel Dental, with existing practices in Lowell and Billerica, Mass.
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