News: Brokerage

Capital Group Properties facilitates 22,000 s/f lease to Tractor Supply Co. at Maynard Crossing

Maynard, MA Capital Group Properties have arranged a lease for Tractor Supply Company at Maynard Crossing, a 300,000 s/f mixed-use development anchored by Market Basket. This new Tractor Supply will occupy 22,000 s/f with an additional 20,000 s/f outdoor retail area. Tractor Supply is the first tenant in this multi-tenant retail building to be constructed in the final phase of Maynard Crossing. The store is anticipated to open in the fourth quarter of 2024.

Tractor Supply is the largest rural lifestyle retailer in the U.S. with 2,198 stores in 49 states as of September 30, 2023, and more than 50,000 team members. Known for its customer service, Tractor Supply offers quality products to help customers maintain their homes, farms, land, gardens, and animals. Products include pet food and animal feed, clothing, pet supplies, lawn and garden supplies, power tools, fencing, riding mowers, and more.

In addition, Phase II of the Maynard Crossing development is currently under construction and will add 46,000 s/f of retail space across two buildings to accommodate multiple tenants of various sizes. The Phase II-A building, anchored by BrightPath Early Learning, is currently 66% leased and will be completed in early 2024.

Maynard Crossing, which is located at 2-17 Digital Way, broke ground in 2019. The development integrates two residential communities, Halstead Maynard Crossing, a 180-unit luxury apartment complex, and Camellia Gardens, a 143-unit upscale senior independent living community, along with a synergy of retail, dining, healthcare, and entertainment tenants.

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Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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