News: Brokerage

McMahon of Summit Realty Partners brokers two leases - 7,827 s/f

Portsmouth, NH According to Summit Realty Partners, Mr. Mac’s Macaroni and Cheese Restaurant has signed leases to open two new franchised locations in New England. Chris McMahon of Summit Realty Partners represented the tenant in both transactions.

In Portsmouth, N.H., a franchisee has leased a 3,856 s/f free-standing building located on Lafayette Rd. (Rte. 1) in close proximity to Walmart, Water Country, and Cinemagic. The building was previously occupied by Pizza Hut which resulted in Mr. Mac’s benefiting from existing restaurant infrastructure.  Mr. Mac’s plans to have their grand opening on November 29th.

In Tyngsboro, Mass., the same franchisee has leased a 3,971 s/f end-cap space at Tyngsboro Crossing. The premises, which is a combination of two storefronts, were both previously occupied by restaurant tenants Sal’s Pizza and KFC.

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