Category: Retail
Horvath & Tremblay sells three properties in New England totaling $5.71 million
February 24, 2023
Ludlow, MA Horvath & Tremblay has completed the sale of three properties in New England for a total of $5.71 million. Bob Horvath, Todd Tremblay and Aaron Huntley of Horvath & Tremblay have completed the sale of a Walgreens Plaza in Ludlow. Horvath & Tremblay exclusively represented the seller to complete this transaction at a sale price of $3.5 million.
The Griffith Pepdjonovic Group of Marcus & Millichap arranges $9.95 million sale of 38,247 s/f The S...
February 24, 2023
Marshfield, MA Marcus & Millichap arranged the $9.95 million sale of The Shops at Ocean’s Gate, a 38,247 s/f retail property. “Multi-tenant retail centers in high traffic locations have recovered quite dramatically since the pandemic with vacancy at record lows and increased investor demand,” said Evan Griffith, senior vice president investments.
WS Development collaborates with Direct Energy to power multiple properties with renewable energy
February 24, 2023
Boston, MA WS Development has made a deal to purchase energy from NRG Energy, Inc. brand Direct Energy Business. The collaboration includes eight buildings in Boston’s Seaport District and 35 of WS Development’s New England properties, including Legacy Place in Dedham and The Street in Chestnut Hill where WS is headquartered.
Atlantic Capital Partners sells Ann & Hope Plaza in Seekonk, MA - totaling 107,597 s/f
February 24, 2023
Seekonk, MA Atlantic Capital Partners has sold Ann & Hope Plaza, a regional shopping center. The asset, anchored by Harbor Freight Tools, Petco, and Bed Bath & Beyond, is located in the town’s dominant retail node. Justin Smith, head of capital markets; chris peterson, VP of capital markets; sam koonce, VP of capital markets; Cole Van Gelder
SCRE represents LMC in two anchor leases totaling 13,167 s/f
February 24, 2023
Stamford, CT Saugatuck Commercial Real Estate (SCRE) represented the developer, Quarterra/Lennar MultiFamily Companies (LMC), in leasing two anchor retail spaces in “sister” luxury mixed-use developments in Stamford and White Plains, NY. Fidelity Brokerage Services leased 7,490 s/f at The Smyth, 885 Washington Blvd. in Stamford
Bubble Bath at High Street Place continues Guest Sommelier Series
February 24, 2023
Boston, MA Bubble Bath, located at 100 High Street Pl., the award-winning wine bar at High Street Place from Tiffani Faison’s Big Heart Hospitality group, is bringing back the Guest Sommelier Series each Monday from 5:00 pm to close.
Northeast’s first LEGO Discovery Center grand opening - 43,000 s/f
February 24, 2023
Somerville, MA April 14, 2023, families in Boston and across the northeast will have the opportunity to experience North America’s first fully renovated next generation LEGO Discovery Center. The grand opening of LEGO Discovery Center Boston
Angel Comm’l brokers $1.825m sale - 5,440 s/f
February 24, 2023
Fairfield, CT Angel Commercial, LLC, arranged the purchase of a 5,440 s/f commercial property on 0.89 acres at 1320 Kings Highway Cutoff by 1320 KHC Assoc., LLC, an investment firm, for $1.825 million. The seller was 1320 Kings Highway LLC.
Keeping the “there” there - by Carol Todreas
February 24, 2023
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.
Burlington to advance rezoning initiative
February 24, 2023
Burlington, MA The town is advancing a rezoning initiative to create fresh updated land use policies for the area’s largest commercial district along Mall Rd. and parts of Middlesex Tpke. A community forum was held to kick off the process with an online meeting
Summit Realty leases 104,177 s/f at Main Street Marketplace
February 24, 2023
Nashua, NH Summit Realty Partners Inc. arranged leases for over 100,000 s/f of retail space at Main Street Marketplace at 300 Main St. in the past 12 months. New tenants include Clear Choice MD (4,386 s/f), Nova Trampoline Park (40,726 s/f), Omnium Brewing (27,510 s/f),
Faherty brand opens Boston Seaport location
February 24, 2023
Boston, MA Faherty is going to further its footprint in the Superette of the Boston Seaport. Faherty maintains a great retail and e-commerce customer base within the area and hopes to create another retail opportunity
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