News: Brokerage

Dragon Group brings Foodland International to Central Plaza in Lowell

Lowell, MA According to Jim Dragon, managing partner for the Dragon Group and Central Plaza Realty LLC, the grand opening was held April 10th of Foodland International at the Dragon Group’s Central Plaza Shopping Center. Foodland occupies a 16,000 s/f space and joins AutoZone, Pizza Hut, Dollar General, Discount Valley, Walgreens, Rent-a-Center, T-Mobile, Church Street Café, Dr. Dental, Empire Hunan Restaurant and Choice Fitness.

The Foodland ownership group operates nine international grocery stores in Greater Boston and its venue in Lowell is by far its largest where it offers a wide variety of International and American food products and is now the largest providers of Halal meats in New England.

Dragon stated that the introduction of a grocery market to Central Plaza that serves all the different ethnic groups of Greater Lowell is another example of his desire and strategy to attract tenants that provide essential products and services to the community and folks beyond.

Dragon further stated that he is elated to report that, during this horrendous pandemic, all Central Plaza tenants remained and open and have prospered achieving unprecedented sales figures.

MORE FROM Brokerage

Horvath & Tremblay sells Starbucks in North Branford, CT for $2.519 million

North Branford, CT Bob Horvath, Todd Tremblay, Matt Nadler, and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Starbucks in North Branford, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.519 million.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.