News: Brokerage

Remic Properties completes 8,000 s/f lease to Family Dollar at Breckwood Shops

Springfield, MA Remic Properties has completed the leasing of 8,000 s/f to Family Dollar at the Breckwood Shops. Mitch Bolotin of Colebrook Realty Services represented Remic Properties in this transaction. 

Gary Belowich, president of Remic said, “This was a complicated lease as it involved re-
locating three existing tenants into new locations within the shopping center. We appreciate the hard work of Colebrook Realty Services who oversaw the construction and MOR Services acted as the general contractor. We had a tight timetable to meet and to be able to complete the project on time in the COVID-19 environment we were all working in was a significant accomplishment.” 

The addition of Family Dollar now brings the center’s occupancy to 93%.

MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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