Retail
Acella completes 2,500 s/f Restore Hyper
Wellness at Arsenal Yards
Watertown, MA Acella Construction Corp. has completed a complete build out of the Restore Hyper Wellness center, located at 10 Bond St., within Arsenal Yards. The building is owned by Boylston Properties and the Wilder Companies. The Acella retail team was provided what is referred to in the construction industry as a “vanilla box” to renovate a 2,500 s/f space in accordance with Restore Hyper Wellness franchise standards.
Federal Realty Investment Trust welcomes five tenants to Darien Commons
Darien, CT Federal Realty Investment Trust have had five retailers sign leases at the newly completed Darien Commons, with the majority of ground floor retail spaces now leased. Overall, the development includes 75,000 s/f of new retail space along with 122 luxury apartments, which are 95% leased. Newly signed tenants coming to Darien Commons:
RK Centers acquires Bristol Place from
Unison Realty Partners for $70.55 million
Attleboro, MA RK Centers has acquired Bristol Place, now rebranded as RK Bristol Place. The property is located at 1130 Newport Ave. (Rte. 1A, adjacent to I-95 at Exit 2). According to public record the property sold for $70.55 million. Situated on 45.5-acres, the acquired RK Bristol Place is 415,404 s/f and represents a significant addition to RK Centers’ New England portfolio.
DW French restaurant debuts in Fenway - designed by Sousa Architects
Boston, MA DW French, the new French brasserie from award-winning chef Douglass Williams, has opened in the Fenway neighborhood on October 19th. DW French is inspired by Williams’ personal culinary journey, woven with the legacy of Paris. DW French is not just a culinary venture for chef Williams; it’s a mission to bring French cooking closer to the heart. While French cuisine often carries a reputation of being intricate and intimidating, Williams aims to peel back the layers and showcase the true soul of French fare.
Marriott International Tribute Portfolio expands with The Artisan Hotel
Salem, NH Marriott International’s Tribute Portfolio has expanded into the New Hampshire market with the addition of The Artisan at Tuscan Village, a Tribute Portfolio Hotel. The new property is an upscale boutique hotel located in Tuscan Village. The Artisan Hotel handcrafts authentic artisanal experiences within a community-hub destination through locals, curious travelers and modern-day artisan-preneurs.
The Boulos Company arranges three retail sales - $2.68m, 15,160 s/f
Portland, ME The Boulos Company has arranged the following sales and acquisitions with two transactions totaling $2.68 million and all three totaling 15,160 s/f. • The former Botto’s Bakery at 550 Washington Ave. in Portland was sold to 3 Labs, LLC for $980,000. The buyer plans to update the 9,045 s/f building and lease out retail suites. Craig Young and Sasha Phillips of The Boulos Company represented Botto’s, and Josh Soley of MRA represented the buyer.
The Escape Game to open at Legacy Place
Dedham, MA The Escape Game will open a new location at Legacy Place in winter 2024. The Escape Game’s location at Legacy Place has a 4,364 s/f facility which will include five different themed escape rooms including Timeliner, The Depths, Prison Break, Gold Rush, and The Heist.
Rebelle Bagels to relocate this winter
Cambridge, MA 2023 James Beard Award semifinalist for best chef, Northeast Milena Pagán, is relocating her Providence bagel shop, Rebelle, this winter to 249 3rd St. A “Best of Rhode Island” winner by Rhode Island Monthly three years in a row, Rebelle is known for its fresh-baked, made-from-scratch bagels and creative spreads, breakfast sandwiches and indulgent sweet treats, and its deep-rooted commitment to sustainability.
Boston Seaport by WS Development transforms into annual Snowport
Boston, MA Every winter, the Seaport neighborhood, developed by WS Development, gets transformed into Snowport, a winter wonderland of good times, gifts, games, art, food, and special events. Snowport will return for the fifth year for Bostonians and tourists alike. The neighborhood will be filled with activities and events, including outdoor iceless curling, evergreen trimmings and trees at The Tree Market, an annual holiday tree lighting, Light Up Seaport
Retail for the new consumer - by Carol Todreas
While brick and mortar stores remain strong in class A locations the retail scene is ever-changing and characterized by uncertainty. There are still layoffs, bankruptcies, closures, and vacancies. On the other hand there are new store openings and the successful tweaking/downsizing of some of the older department stores, such as Macys, Bloomingdales, Target and even IKEA.