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DeStefano & Associates, Inc. and TK Architect begin construction on two Aroma Joes
June 23, 2023
Seabrook, NH DeStefano & Associates, Inc. (DAI) has begun the construction of a ground up 900 s/f Aroma Joe’s at 270 Lafayette Rd. TK Architects is the architect. Anticipated completion is December 2023.
R.W. Holmes negotiates 21,843 s/f industrial lease for NEFAB Packaging
June 23, 2023
Franklin, MA R.W. Holmes has negotiated a new 21,843 s/f industrial lease for its client NEFAB Packaging. NEFAB, a global industrial packaging provider that offers packaging solutions and logistics
MassDevelopment provides $1.25m loan to Bisousweet Confections
June 23, 2023
Leominster, MA MassDevelopment has provided a $1.25 million loan to Bisousweet Confections, LLC to renovate and buy equipment for its new facility at 554 Willard St., where the company relocated in October 2022. The 20,000 s/f facility is four times the size of its previous location in Shirley, providing needed space for the company to expand operations amid a tripling of sales between 2019 and 2022.
Hotels are back...But the challenges of development persist - by Harry Wheeler
June 23, 2023
The hospitality market in 2023 is a mixed bag. For the traveler, the experience is amazing. Hotels have reopened and restaurants are bustling, with business back in full force to compensate for the economic downturn due to the pandemic. However, hotel developers face a situation that is less promising, with deals becoming increasingly difficult to pencil.
Barnes & Noble opens at Wareham Crossing
June 23, 2023
Wareham, MA Barnes & Noble is opening a new bookstore location. The location showcases the highly lauded bookstore design seen in the most recent Barnes & Noble store openings. The new Barnes & Noble is located at 2421 Cranberry Hwy., in the Wareham Crossing shopping center, across from Yankee Candle and Cape Cod Coffee.
Product of the Month: AirPuriX wall and ceiling mount air purifiers make floor standing air purifier...
June 23, 2023
The discovery during the pandemic that aerosolized pathogens, such as infectious bacteria and viruses including COVID-19, can float in the air for hours totally upended the prevailing thinking regarding how the clean air that streams from room air purifiers should be directed.
Wolf promoted to vice president of marketing at West Shore
June 23, 2023
Boston, MA West Shore has promoted Courtney Retzky Wolf to vice president of marketing. In this elevated role, Wolf is responsible for the creation and implementation of the corporate and property marketing and advertising strategy for West Shore’s growing national portfolio of multifamily assets.
Commercial Realty arranges sale of Sundae School to former employees
June 23, 2023
Dennis, MA Three former Sundae School summer employees have put together a partnership to purchase both Sundae School Homemade Ice Cream locations in Dennisport and Harwich Port on Cape Cod. As teenagers, Michelle White, Michael Kelly and Robert DeMarco worked summers together at Sundae School.
New retail concept opens first location - BinStar
June 23, 2023
Avon, MA A new retail concept — BinStar — is gearing up to help consumers find great deals and save the landfills at the same time. BinStar opened its first store on the South Shore on Sunday, June 18th at 10 a.m. at 20 Stockwell Dr.
Horvath & Tremblay handles sale of Walgreens for $4.56 million
June 23, 2023
Shrewsbury, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of Walgreens (leasehold interest). Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this transaction at a sale price of $4.56 million.
Boston Seaport opens The Project Paulie Bocce Club at The Current
June 23, 2023
Boston, MA Project Paulie, a community-focused organization dedicated to bringing people together through food and culture and a recurring tenant of the retail incubator The Current, expands its partnership with Boston Seaport to launch its newest venture – The Project Paulie Bocce Club.
Hurley Group signs leases with XRPeds and the BioMed X Institute at Elm City Bioscience Center in Ne...
June 30, 2023
New Haven, CT Elm City Bioscience Center, a lab and research building in Yale’s university and medical complex, will add two new life science organizations to its 55 Church St. location. The Hurley Group, owner, developer and manager of Elm City Bioscience Center,
Stebbins of The Boulos Company arranges $3.825m sale of 10,717 s/f retail building
June 23, 2023
York, ME Saint Thomas, LLC purchased 317 U.S. Rte. One from MCG Warren, LLC for $3.825 million. Built in 2022, the property consists of two newly-constructed, freestanding retail buildings totaling 10,717 s/f, leased to O’Reilly Auto Parts and Sherwin Williams. The deal closed on June 5.
Keefe of Greater Boston Commercial Properties, Inc. handles $2.8 million sale on behalf of seller, S...
June 23, 2023
North Attleborough, MA James Keefe of Greater Boston Commercial Properties, Inc. represented the seller, Stahoo Properties, in the sale of 57 George Leven Dr. to ORH Capital.
Press of Press|Cuozzo Commercial Services brokers 1,700 s/f lease
June 23, 2023
Hamden, CT Stephen Press, SIOR, co-principal of Press|Cuozzo Commercial Services signed a long-term lease at 2518 Whitney Ave., a newer 20,000 s/f mixed-use building with ground level retail and office
Insa Cannabis opens fifth location at
20 Stockwell Drive in Avon, MA
June 23, 2023
Avon, MA Insa, Inc., an independent, Massachusetts-based medical and adult-use cannabis company, has opened its fifth cannabis dispensary in Massachusetts. This medical dispensary will be Insa’s first location on the South Shore. Committed to offering the broadest selection of crafted, premium cannabis products,
Old Corner Christmas to lease 1,245 s/f space
June 23, 2023
Boston, MA Old Corner Christmas, a holiday-themed gift and Boston souvenir store, has leased space in the historic Old Corner Bookstore complex owned and operated by Historic Boston Inc., the active preservation nonprofit organization, in Downtown Crossing. Old Corner Christmas is owned and operated by New York-based N&F Global Corporation and will occupy 1,245 s/f on the ground floor of 11 School St., on the Freedom Trail.
Griffith Pepdjonovic Group of Marcus & Millichap arranges $4.275 million portfolio sale
June 30, 2023
East Boston, MA Marcus & Millichap has completed the sale of four mixed-use buildings. The portfolio traded for $4.275 million, which included a seven days a week 2 a.m. liquor license.
The Boulos Company arranges $1.35m sale
for Portland Art Gallery
June 23, 2023
Portland, ME Portland Art Gallery owner, Kevin Thomas, and gallery director, Emma Wilson, purchased 154 Middle St. for $1.35 million from Peak 5 Equities, LLC. They have operated in this location since 2011. Greg Boulos of the Boulos Company represented 154 Art Ventures, LLC in the transaction.
Casey of Sweeney Real Estate & Appraisal arranges $865,000 sale for Providence Barbell Club new loca...
June 30, 2023
Providence, RI Providence Barbell Club, LLC purchased 479 Washington St. for $865,000. The 4,934 s/f building with the associated parking area will serve as the clubs new location. Providence Barbell Club was located at 715 Branch Ave.