News: Brokerage

Acella Construction completes 4,800 s/f retail fit-out for Avenue

Acella Construction Corporation has recently completed the construction of a 4,800 s/f retail fit-out for Avenue, a women's clothing store, at the newly-built Mayfaire Center. Acella completed the fit-out on behalf of the landlord, Carpionato Properties, Inc., a Johnston, R.I.-based developer of retail, hotel and multifamily properties in New England. Mayfaire Center is located at the intersection of U.S. Rte. 1 and May St. Its anchor tenants include Super Stop & Shop, Pizzeria Uno and Modell's Sporting Goods. "We're pleased to have completed another retail project successfully for Carpionato Properties," said Saul Schrader, project manager at Acella. "We completed the project on time and to the complete satisfaction of our client and their tenant." Acella Construction Corporation, located in Norwell, is a construction services firm specializing in construction management, general contracting, design-build, pre-construction and program management services for a wide-range of markets.
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Monarch Capital Partners completes $10.7 million acquisition of 115 and 117 Flanders Rd.

Westborough, MA Monarch Capital Partners (Monarch), a Boston-based commercial real estate investment firm, has completed its first acquisition: 115 & 117 Flanders Rd. The 115,241 s/f flex/R&D/office and shallow-bay industrial property was acquired on September 29, 2026, for $10.7 million, or $93 per s/f.
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Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

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