Category: Retail
Urban Edge signs Central Rock Gym to 18,200 s/f lease
October 28, 2022
Cambridge, MA Urban Edge Properties has signed Central Rock Gym to a long-term, 18,200 s/f lease at Fresh Pond Mall. The popular and high-quality indoor climbing gym is relocating to a new facility that doubles its existing space and replaces a former
Halprin of New England Retail Properties, Inc. sells six property package for $10.5 million
October 28, 2022
Wethersfield, CT Matt Halprin, president and COO of New England Retail Properties, Inc. exclusively represented the sellers in the sale of six Smithland Supply Retail locations in Connecticut. The sellers were Retail Property One, LLC, Retail Property Two LLC, Retail Property Three LLC
Energy North Group opens new Haffner’s gas station and store
October 28, 2022
Moultonborough, NH Energy North Group has opened a new Haffner’s gas station and convenience store. Located at 268 Whittier Hwy., this will be Haffner’s second site to open in the lakes region, following the opening of its Gilford, NH site.
Denenberg Realty Advisors sells 4,338 s/f retail space for $2.2m
October 28, 2022
Somerville, MA Denenberg Realty Advisors sold a 4,338 s/f brick retail commercial building at 352 Washington St. for $2.2 million. Neil Denenberg president of Denenberg Realty Advisors represented both the buyer, City Storage Systems, LLC
Newmark completes sale of Crossroads Plaza
October 28, 2022
West Hartford, CT Newmark completed the sale of Crossroads Plaza, a grocery-anchored retail center. Newmark vice chairman Geoffrey Millerd of the firm’s Boston Capital Markets Group’s retail practice represented the seller and procured the buyer
JLL facilitated sale of 59,519 s/f Stop & Shop
October 28, 2022
Norwell, MA JLL Capital Markets facilitated the sale of a 59,519 s/f Stop & Shop to the Bailard Real Estate Fund. The sale price was not disclosed. JLL represented the seller in the transaction. This represents the second acquisition of a Stop & Shop center
Griffith, Pepdjonovic and Sanborn of Marcus & Millichap handle $3.8m sale
October 28, 2022
Beverly, MA Marcus & Millichap completed the sale of 278 Cabot St., a mixed-use building, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3.8 million.
Darien Commons welcomes first residents and five new retail tenants
October 28, 2022
Darien, CT Federal Realty Investment Trust welcomed the first residents at Darien Commons, a mixed-use destination under construction adjacent to the Noroton Heights train station. There are currently 58 homes available for occupancy in the first phase.
Boston Realty Advisors sells 2 Newbury St. for $26.75 million to Stonegate Group
September 30, 2022
Boston, MA Boston Realty Advisors has sold 2 Newbury, a retail property on Newbury St. in the city’s Back Bay, for $26.75 million to Stonegate Group. The space in the historic 13,500 s/f building, at the corner of Newbury and Arlington Sts., will be available for retail and office tenants for the first time since the 1980s
Mace of KeyPoint Partners negotiates 21,842 s/f Ski Haus lease at Main St. Shopping Center
September 30, 2022
Woburn, MA KeyPoint Partners negotiated a 21,842 s/f lease with Ski Haus at Main St. Shopping Center. Vice president of retail brokerage Don Mace negotiated the lease on behalf of the landlord. Main St. Shopping Center is a Stop & Shop-anchored retail center off Rte. 128 at Exit 53.
Drinkwater, Richard and Craig of Marcus & Millichap arranges $2.4 million sale of 8,736 s/f Circle F...
September 30, 2022
Framingham, MA Marcus & Millichap negotiated the sale of Circle Furniture, a 8,736 s/f net-leased property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $2.4 million. Laurie Ann Drinkwater and Seth Richard, investment specialists in Marcus & Millichap’s Boston and Manhattan offices, had the exclusive listing
Newmark completes recapitalization of 143,201 s/f Newton Nexus shopping center
September 30, 2022
Newton, MA Newmark has completed the recapitalization of Newton Nexus, a 143,201 s/f mixed-use shopping center. Newmark co-head of U.S. capital markets Robert Griffin, vice chairman Geoffrey Millerd and managing directors Jonathan Martin and Paul Penman of the firm’s Boston capital markets group
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