News: Owners Developers & Managers

Schwartz of Sea Watch Realty leases 5,000 s/f to 1 800 Mattress.com

Sea Watch Realty, Inc. leased a 5,000 s/f building located at 96 Davis Straits. The stand-alone building was recently a Blockbuster location and is now a 1 800 Mattress.com retail store. Richard Schwartz of Sea Watch Realty brokered the long term lease transaction between the owner, Falmouth Holding Realty Corp., and the tenant's parent organization, Sleepy's LLC. The new tenant has already opened for business. Sea Watch represented the owner in the transaction and procured the tenant. Sea Watch Realty also completed the sale of a 1.64-acre industrial lot on Mercantile Way in the industrial zoned area of Mashpee. Jim Gill represented the seller, The Community Bank of Brockton. The property was purchased by Franey Medical Labs for $320,000. The new owner intends to build a 5,700 s/f building to house its business. The construction will be done by CapeWide Enterprises of Mashpee. Sea Watch is a commercial real estate brokerage company specializing in commercial and investment properties in southeastern Mass. Offices are in Hyannis, Falmouth, Plymouth, and Marion.
MORE FROM Owners Developers & Managers

Breakthrough Properties completes sale of 232 A St. development site to P&G Gillette

South Boston, MA Breakthrough Properties, a premier global life science real estate developer, has finalized the sale of its 232 A St. development site to P&G Gillette, following Gillette’s previously announced plans to establish its new Grooming Headquarters and Technical Innovation Center at the site.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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

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
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