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King Street Properties and BW Kennedy & Co. celebrate topping off of 210,659 s/f at Pathway Devens c...
December 20, 2024
Devens, MA King Street Properties (King Street) along with BW Kennedy & Co. (BWK) and 70 guests celebrated a topping off at 75 Jackson Rd., part of the Pathway Devens campus. This is the 5th building constructed by King Street with BWK as the general contractor in this burgeoning district
Summit Properties completes $700 million acquisition phase of U.S. shopping centers
December 20, 2024
New York, NY Summit Properties USA (Summit), a subsidiary of UK-based Summit Properties Ltd., has completed the acquisition and consolidation of its U.S. retail center portfolio, valued at $700 million. This marks a milestone in the company’s strategy to strengthen
Dyer Brown reinvents 3,250 s/f Christian Science Reading Room
December 20, 2024
Boston, MA With its street presence and welcoming interior, The Mother Church Christian Science Reading Room in the city’s Back Bay is the latest in a growing portfolio of innovative and sustainably designed retail venues by national architecture and interiors firm Dyer Brown.
Porobic Wicker and Dalis promoted at Simon’s Burlington Mall as new general manager and director o...
December 20, 2024
Burlington, MA Simon’s Burlington Mall has promoted two Simon employees. Melisa Porobic Wicker has been named general manager at Burlington Mall, and Lauren Dalis is the new director of marketing and business development.
Gurtler of O’Brien Commercial sells 11,604 s/f to Fly By Night Furniture
December 20, 2024
Maynard, MA O’Brien Commercial Properties brokered the sale of 36 Nason St. for $1.4 million. The building was the original home of the Paper Store, now with more than 100 stores and over 3,000 employees nationwide. The 11,604 s/f jewell box of a
The Fresh Market celebrates grand opening at Mansfield Crossing
December 20, 2024
Mansfield, MA The Fresh Market commemorated its arrival at Mansfield Crossing with a special grand opening event on December 11. The specialty grocery chain officially open its doors and offered complimentary reusable bags to the first 500 guests. The community was invited
End of the year retail thoughts - by Carol Todreas
December 20, 2024
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.
Mila’s at Gibson Point to open at Redgate’s apartment community
December 20, 2024
Revere, MA Developer Redgate Real Estate, in collaboration with restaurateur Michael Aldi, unveiled plans for Mila’s at Gibson Point. This new dining destination will bring day-to-night coastal dining to the Gibson Point residences. Currently under construction
CBRE completes $11.2 million sale of Woburn Plaza to Chestnut Realty Management
December 20, 2024
Woburn, MA CBRE negotiated the sale of Woburn Plaza, a 31,994 s/f shopping center located at 299 Mishawum Rd. Situated 10 miles from downtown Boston, Woburn Plaza was acquired by Chestnut Realty Management for $11.2 million from Linear Retail Properties.
F45 Training leases 6,600 s/f at Cummings’ 64-J Concord St.
December 20, 2024
Wilmington, MA F45 Training is expanding its global fitness brand with a 6,600 s/f lease. The Australian-born workout community will launch a newly renovated training facility this winter at Cummings Properties’ 64-J Concord St. business campus.
Tuccio Properties Group and Salvatore Capital Partners joint venture acquire Gould’s Plaza for $8 ...
December 20, 2024
Medway, MA Medway Route 109 LLC, a joint venture between Tuccio Properties Group and Salvatore Capital Partners, has acquired Gould’s Plaza for $8 million. Gould’s Plaza, located at 74 Main St., is a 49,000 s/f neighborhood retail plaza.
Horvath & Tremblay brokers sale of Harwich East Plaza for $11.5 million
December 20, 2024
Harwich, MA Bob Horvath, Todd Tremblay, Aaron Huntley and Dan Bernardini of Horvath & Tremblay have completed the sale of Harwich East Plaza. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of
Washington Trust welcomes Kile as executive vice president and chief retail banking officer
December 20, 2024
Westerly, RI Washington Trust has appointed Michelle Kile executive vice president and chief retail banking officer. Kile is responsible for the retail sales and customer service through Washington Trust’s 28 retail branch offices, Customer Solutions Center, and digital banking services.
Winstanley Enterprises and Surrey Equities acquire
225,000 s/f Chelmsford Mall for $28 million
December 20, 2024
Chelmsford, MA Winstanley Enterprises, LLC and Surrey Equities, LLC have acquired the Chelmsford Mall, a 225,000 s/f open-air shopping center. The property was acquired privately off market for $28 million from the original local developer who owned and operated it
Water Street acquires partial interest in Cushman & Wakefield’s 252,000 s/f building
December 20, 2024
New Haven, CT After marketing the property for the past year, Cushman & Wakefield has acquired an interest in 545 Long Wharf Dr., a key component of the Long Wharf Maritime Center, from Water Street Properties. Water Street took over operational control of the 252,000 s/f
Davis and McFadden join team of principals at QA+M Architecture
December 20, 2024
Farmington, CT Quisenberry Arcari Malik, LLC (QA+M Architecture) has added two new principals to share in the leadership of the firm. Jason Davis, AIA, LEED AP BD+C and Julia McFadden, AIA, ALEP, WELL AP will be joining principals David Quisenberry, AIA, Tom Arcari,
Connecticut CCIM Chapter Deal of the Month - December, 2024
December 20, 2024
New Britain, CT The CT CCIM Chapter has named the Deal of the Month. Eric Amodio, CCIM, of Amodio and Company brokered both sides of the sale of a 56-unit, 6-building multi-family complex located at 15-45 Elam St., for $4.8 million. The transaction closed on November 4, 2024 for $4.8 million.
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Connecticut CCIM Chapter hosts complimentary 2025 CRE outlook webinar
December 20, 2024
Guilford, CT The CCIM Connecticut Chapter is hosting “What’s Next in 2025? A Local CRE Forecast” a complimentary webinar with Mike Goman of Goman + York. The webinar will be held on January 15, 2025 from 12:00 to 1:30 p.m.
Institutional Property Advisors sells 200 Fountain - seven-story 158-unit multifamily property
December 20, 2024
New Haven, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, have sold 200 Fountain, a seven-story, 158-unit multifamily property. “On the market for the first time in 20 years, 200 Fountain was offered with below-market,
Gretsch Commercial and Press|Cuozzo broker sale of 5,115 s/f Chase Bank
December 20, 2024
Fairfield, CT Richard Gretsch Jr. of Gretsch Commercial and Stephen Press, SIOR of Press|Cuozzo have completed the sale of 161 Hillside Rd. The 5,115 s/f free-standing brick commercial building set on .92 acres located in the Greenfield Hills section of town was the former