Retail
Calle family acquires Jack’s Outback II
in $1.075m sale
Yarmouth Port, MA Agent Aaron Webb, owner and operator of the Daily Paper, has orchestrated the sale of Jack’s Outback II for its asking price of $1.075 million. This breakfast and lunch institution, owned by Dona Baratta for the past 20 years, will continue its legacy under the
H&M signs lease for 16,000 s/f location at Burlington Mall
Burlington, MA H&M, a fashion retailer famous for offering fashion and quality at affordable prices in a sustainable way, has opened a new location. Measuring 16,000 s/f, the new location at Burlington Mall joined the eight popular H&M destinations in the state on February 8, 2024.
J. Safra Real Estate acquires Faneuil Hall Marketplace
Boston, MA J. Safra Real Estate (JSRE), the real estate arm of The J. Safra Group (The Group), will acquire Faneuil Hall Marketplace. JSRE’s acquisition of this signature property from Ashkenazy Acquisition Corporation (AAC) will add to its existing global signature portfolio of high quality assets including the Gherkin Building in London and 660 Madison Ave.
IPA completes $21 million sale of
Brookside Shops - 75,529 s/f
Acton, MA Institutional Property Advisors (IPA), a division of Marcus & Millichap, has completed the sale of Brookside Shops, a 75,529 s/f neighborhood shopping center for $21 million. “Anchored by the only Trader Joe’s within a 10-mile radius, Brookside Shops is a well-established center where tenants that have been in place for over 20 years
Derby Street Shops to open bartaco restaurant
Hingham, MA Derby Street Shops’ dining options are expanding with the arrival of bartaco, opening at the property later this year. bartaco has fresh, upscale street food served in a welcoming, laid-back setting. Marking its debut on the South Shore, guests can look forward to indulging in bartaco’s signature specialties
WS Development’s The Current reopens for 14th season
Boston, MA Boston Seaport by WS Development has released the lineup for the 14th edition of the retail incubator, The Current. This season, which began February 1st, will showcase a mix of several new and returning businesses in apparel, beauty, and sweets, each bringing experiences and products to the waterfront.
MassDevelopment’s TDI program awards $1.625m in grants for small-business support
Attleboro, MA MassDevelopment has awarded $1.625 million in grants to 13 organizations for small-business support programs in Gateway Cities that will fund projects such as storefront improvements, marketing campaigns, technical assistance, and more. The grants were awarded through MassDevelopment’s Transformative Development Initiative
Splendid to open larger location at The Street Chestnut Hill
Chestnut Hill, MA The Street Chestnut Hill’s Splendid, a premium lifestyle apparel brand, will be moving to a new, larger store at The Street Chestnut Hill. Having opened its first Massachusetts location at the property in 2013, this expansion is a testament to Splendid's growing popularity and the demand in the area.
WS Development and Mass General Brigham’s Snowport iceless curling continues
Boston, MA Seaport by WS Development, in partnership with Mass General Brigham Health Plan has continued the annual Snowport into 2024 with its iceless curling. A winter experience for all, iceless curling offers Seaport residents and visitors the opportunity to get outside and beat the winter blues through a fun and engaging outdoor activity.
Linear Retail promotes Scharff to director and vice president of portfolio management
Burlington, MA Linear Retail Properties, LLC (Linear Retail) has promoted Chris Scharff to director and vice president of portfolio management. Scharff will oversee the company’s financing activities and lender relationships, investments, risk management, portfolio analysis, research, and strategic initiatives.