News: Retail
Posted: July 28, 2023
The Boulos Company facilitates 10,768 s/f lease for Five Below
Topsham, ME Five Below leased 10,768 s/f of retail space at the Topsham Crossing Center, bringing the complex to 100% occupancy for the first time since Bed Bath & Beyond relocated to Brunswick in 2016.
Derek Miller, Brice O’Connor, and Sasha Phillips of The Boulos Company represented the landlord, Bridge33 Capital, in the transaction and Jim Bagley with Atlantic Retail represented the tenant.
Five Below is a discount retailer that targets tweens and teens. This will be their third Maine location, joining stores in South Portland and Augusta.
Bridge33 Capital is a privately held, vertically integrated real estate investment firm with a focus on acquiring value-add commercial properties across the United States. In addition to the Topsham Crossing Center, Bridge33 Capital owns four other grocery-anchored assets across Maine consisting of over 562,975 s/f.
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