R. Calabrese Agency brokers sublease of former Shaws supermarket
Bob Bowden of the R. Calabrese Agency, L.L.C. has brokered a sublease of the former Shaw's Supermarket on Sylvan Ave. on behalf of Shaw's parent company Supervalu, Inc. The sublessee is a N.Y. based grocer, Bogopa Services Corp., doing business as Food Bazaar Supermarket. The property is owned by Windsor USA, Inc.
The property is a freestanding supermarket consisting of 54,425 s/f of retail space. The property is across from a Home Depot. The building was constructed as a supermarket for Shaw's in 1997.
The Calabrese Agency represented Supervalu. Food Bazzar was represented by Ameriland Realty.
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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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.