News: Brokerage

Piche of Bierbrier Development signs three leases totaling 9,675 s/f

Bierbrier Development Inc., a developer and owner of urban shopping centers in eastern Mass., has leased retail space to three tenants and is nearing completion of a new 9,000 s/f retail building adjacent to its existing Arlington Village Shops shopping center. "Despite a slowdown in the retail industry, leasing momentum continues at Arlington Village Shops," said Len Bierbrier, president of Bierbrier Development. "We're seeing a great demand from savvy retailers for strategically located shopping centers in tight urban areas with parking." Leading the way for new tenants at Arlington Village Shops is Unleashed by PETCO, which leased 5,000 s/f of retail space at the new building to open one of the first regional "Unleashed" boutique pet shops. PETCO is one of the nation's leading pet specialty retailers, providing products, services and advice about pet animals. Hair Cuttery, a national hair cuts and full-service salon, leased 1,375 s/f of retail space in the new building. Bierbrier also recently leased 3,300 s/f of retail space in the existing Arlington Village Shops to The Meat House. These leases were brokered by Adam Cirel of Atlantic Retail Properties and Jonathan Lapat of Strategic Retail Advisors in conjunction with Casey Piche, vice president at Bierbrier. The new addition will also be LEED-certified. "At Bierbrier, we're fully committed to sustainable design and development," said Bierbrier. "As a company we want to be on the forefront of preserving our environment and that's why we're seeking LEED certification for the new building." Bierbrier Development is a premier developer and owner of shopping centers across Eastern Massachusetts, including Walgreens Plaza in Haverhill, Arlington Village Shops in Arlington, Wellington Circle Plaza in Medford, and Super Stop & Shop Plaza in Brockton. For more information, visit our website: www.BierbrierDevelopment.com.
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