News: Retail

Zolotas and Vincent of Herrick Lutts facilitate two leases totaling 7,411 s/f

27-33 Enon Street - Beverly, MA

Beverly, MA Herrick Lutts Realty Partners represented both ownership and tenant in these recent transactions:

Nick Zolotas and Rich Vincent of Herrick Lutts Realty Partners secured the lease between owner Winkel Properties and the new tenant, Beverly G. LLC , for retail space at 27-33 Enon St. Formerly a 6,066 s/f Bertucci’s Italian Restaurant, the two parties have entered into a long-term lease with options to extend. The restaurant ownership plans to offer a casual fine dining experience as well as prepared meals for in and out consumers on the go.

Herrick Lutts partner Nick Zolotas represented the tenant, Beverly G LLC, and Herrick Lutts agent Rich Vincent represented the owner, Winkel Properties.

“We’re pleased to have had the chance to represent both the seller and the lessee in this transaction in our hometown,” said Nick Zolotas, partner. “We have extensive experience in both commercial and residential real estate throughout the North Shore and are always here to help with any real estate needs of questions.”

Vincent also exclusively represented the ownership of Beverly Crossing in facilitating a lease with Harbor Sweets for a 1,345 s/f retail location at 140 Rantoul St., Beverly, also known as The Block at Odell Park.

The space is new construction (first generation) endcap, with high visibility at a signalized intersection. With exposure to more than 30,000 vehicles per day, this is considered a desirable location.

Harbor Sweets will offer its patrons a wide selection of handcrafted chocolates and other confections. Harbor Sweets has been serving customers since 1973 and is headquartered in Salem, Mass. The company has entered into a long-term lease at 140 Rantoul St., with options to extend.

“We’re delighted to have had the chance to represent Beverly Crossing in this transaction,” said Vincent. “We wish Harbor Sweets the very best of luck in this new, prime location.”

Herrick Lutts also recently brokered the successful sale of a 6-unit brick apartment building at 51 Lynde Street in nearby Melrose, MA, as well as the sale of 17 apartments in three different buildings in Salem, MA.

Tags: Retail
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