News: Brokerage

Charter Realty negotiates 26,112 s/f lease for Patidar Supermarket

Woburn, MA Charter Realty, a full-service commercial real estate brokerage firm based in Westport, CT, has negotiated a new lease with Patidar Supermarket at Commerce Way Marketplace. Patidar, an Indian-specialty grocery store with roots in New Jersey, has signed a lease to occupy 26,112 s/f at the center and is set to open its doors around May of 2025. Charter represented the tenant, Patidar, and CBRE represented the landlord, IT 112 Commerce Way, LLC, in the transaction.

Patidar Supermarket will be taking over the former Bob’s Discount Furniture space and joining desirable co-tenants PetSmart and Chipotle in Commerce Way Marketplace. The center is located at a signalized intersection across from a high-performing Target and has access to and from I-93 and I-95. Patidar will occupy a slice of one of Woburn’s primary retail, residential, and hospitality corridors, sharing a corner of Commerce Way and Atlantic Ave. with Emblem 120, a new 289-unit residential community.

This will be Patidar’s fourth location overall, and its first outside of New Jersey. Patidar’s introduction to Woburn will provide a much-needed grocery option for the area, and the store’s commitment to offering fresh, nourishing products at competitive prices will be greatly appreciated by countless community members. Their presence will also be a boon to the city and region’s South Asian population.

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