News: Retail
Posted: November 24, 2010
Waters of Lang McLaughry Commercial brokers $750,000 sale
Bruce Waters, CCIM, senior broker for LANG MCLAUGHRY COMMERCIAL, recently sold 116 South Main St.
The sale was part of an assemblage created by the owners of Lebanon Plaza Associates, LLC for the construction of a New England- based supermarket chain as Phase I of a possible larger project.
116 South Main St. was occupied as a residential facility, but had strategic frontage along Rte. 12-A, enabling the developer to plan and design a highly desirable location for its tenant. The property is located close to Exit 20 of I-89.
LANG MCLAUGHRY COMMERCIAL represented the owners, Fred and Fay Rogers, regarding the sale of the .68-acre parcel. According to Grafton County records, the sale was estimated at $750,000.
Construction on the development commenced this month and is expected to be completed in mid-2011.
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.
Columns and Thought Leadership
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.
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.
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.
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.