News: Retail

Wagner of Denenberg Realty Advisors sells 9-unit mixed-use building for $3.45 million

Jake Wagner,
Denenberg Realty
Advisors

Waltham, MA Denenberg Realty Advisors sold a 9-unit mixed-use apartment building at 329-333 Moody St. for $3.45 million. Jake Wagner, senior advisor at Denenberg Realty Advisors represented both the buyer, 333 Moody Street, LLC and the seller, Full House Realty Trust.

Wagner said, “This was an ‘off-market’ deal that Denenberg Realty Advisors put together between two of

our clients. We also leased out the vacant space to Royal Bubble Tea. The mixed-use retail/apartment market is very hot right now with the interest rates still low and the interest in these types of properties very high. This is an ideal time to contact us about your property.”

The retail leases included: 

• 2,200 s/f to The Bonchon Restaurant;

• 1,900 s/f to Royal Bubble Tea; and 

• 750 s/f to Metro PCS.

The total commercial space is 4,850 s/f.

Tags: Retail
MORE FROM Retail
Retail

The Landing at Hyannis expands with additional retailers

Hyannis, MA The Landing at Hyannis continues its transformation with three new businesses joining its roster of retail and dining options. These brands, making their debut on Cape Cod, include fashion retailer Nordstrom Rack, physician-owned medical spa SkinMD, and eyewear retailer Warby Parker.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

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.
Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.