News: Owners Developers & Managers

Saugatuck Commercial represents Westminster Realty LLC in 181,697 s/f lease with Walmart Stores East LP

95 Aubuchon Drive - Westminster, MA

Westminster, MA Saugatuck Commercial Real Estate (SCRE) was the exclusive landlord broker representing Westminster Realty LLC in signing a multi-year lease for 181,697 s/f of warehouse space at 95 Aubuchon Dr. with Walmart Stores East LP. 

The property was chosen after an extensive RFP process eliminated several dozen other potential locations. Walmart will commence operations in December and will utilize the space as their Boston market warehouse and distribution center. 

“We aggressively marketed this unique property and generated significant tenant interest. However, it was critical to find the right match – the right tenant and the right fit. Walmart checked all the boxes. We are pleased to have brokered such an important deal for our client,” said Penny Wickey, principal of SCRE.

SCRE was formed by Wickey in 2004 and is a full-service commercial real estate brokerage company located in Westport, Conn. SCRE is a nationally certified Woman Owned Enterprise (WBENC) and is licensed in CT, NY, MA, RI, NH and FL. SCRE represents retail and office tenants, landlords, developers and investors in leasing, sales and investments.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant