News: Brokerage

ACS Development Corp. leases 1,400 s/f at Stadium Plaza

According to ACS Development Corporation, Findeisen's Ice Cream will open its fourth location at Stadium Plaza at the cloverleaf of Rtes. 114 and 495. Stadium Plaza, a 50,000 s/f shopping center, is owned and operated by ACS Development Corporation. Findeisen's sells only homemade ice cream made by some of the best purveyors. In addition to homemade ice cream, Findeisen's sells coffee, cappuccino, Italian desserts and candy. As the first café and ice cream shop of its kind at Stadium Plaza, it serves as a fun treat to surrounding stores and their customers and is a great complement to restaurants in the plaza such as Inaka Sushi. "This opportunity was meant to be. I had been looking to open at Stadium Plaza for several months, when one day I happened to meet the owner and his daughter in the parking lot. The perfect space opened up and we put a deal together just days later," said David Forzese, owner of Findeisen's. Findeisen's joins a well established and long-standing tenant mix which includes Inaka Sushi, Subway, Sprint, Johnson's Veterinary, Family Dental, Citizen's Bank, Miracle Ear, among others. Stadium Plaza is accessible from Rte. 114 or 495 and is located near the local high school, Showcase Cinemas and Denny's Restaurant. "ACS Development Corporation is excited to welcome a tradition in New England ice cream to our community," said Patricia Simboli, principal of ACS Development Corporation. "Stadium Plaza is the best service retail center in the Merrimack Valley and Findeisen's complements our tenant mix perfectly. It is the perfect time of year for ice cream and I can't wait for my first ice cream cone of Findeisen's special flavor."
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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