 (1).png)
News:
Owners Developers & Managers
Posted: February 19, 2021
Bulman and Mearn of District Real Estate Advisors broker lease and sale of Chick-fil-A in Hanover, MA
Hanover, MA Tim Bulman and Christopher Mearn of District Real Estate Advisors navigated the ownership group through all phases of the redevelopment at 1835 Washington St. The former Burger King site was purchased by 1835 Washington Street LLC in 2016 and an additional parcel was later purchased and assembled in 2019 to form the 1.48 acre parcel that was ground leased to Chick-fil-A.
The property is ideally located at the off-ramp of Rte. 3 directly in front of the Hanover Crossing development. Bulman and Mearn subsequently sold the property in an off-market transaction in October 2020 for $4.428 million to a California buyer, satisfying part of a 1031 exchange.
Atlantic Retail represented Chick-fil-A in lease negotiations and Steve Bogoyevac of Marcus & Millichap and The Mansour Group represented the buyer in the sale transaction.
MORE FROM Owners Developers & Managers
ReVision Energy recognized as the No. 1 Solar + Storage Installer in New England
South Portland, ME ReVision Energy, the employee-owned renewable energy company founded in 2003, has been recognized as the No. 1 Solar + Storage Installer in New England and No. 13 on Solar Power World’s 2026 Top Solar + Storage Installers list nationwide
Quick Hits
 (1).png)
Columns and Thought Leadership
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul
Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
August Promotion
