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Cheremka joins Winchester Savings Bank as VP & group head Commercial Lending
July 22, 2022
Winchester, MA Winchester Savings Bank has hired Paul Cheremka as vice president and group head Commercial Lending. “Paul is an exceptional addition to our growing Commercial
Capital Group Properties expands offerings at 300,000 s/f Maynard Crossing
July 29, 2022
Maynard, MA According to Capital Group Properties, Jersey Mike’s sub shop, Semper Laser and Verizon Wireless signed leases at Maynard Crossing, a new 300,000 s/f mixed-use development anchored by Market Basket. These new leases will further expand the development’s offerings
Quantum Real Estate Advisors brokers $8.3 million sale of 14,820 s/f Walgreens
July 29, 2022
Lakeville, MA Quantum Real Estate Advisors, Inc., has brokered the $8.3 million sale of a 14,820 s/f single-tenant Walgreens. There were 10 years remaining on the original 25-year Walgreens lease at the time of sale.
Wickey of Saugatuck Commercial Real Estate leases to Bobbles & Lace
July 29, 2022
Hingham, MA Saugatuck Commercial Real Estate (SCRE) represented Bobbles & Lace in leasing their most recent location at 84 North St. Bobbles & Lace (B&L) has nine locations: SCRE brokered their first in Connecticut - Bedford Sq., Westport. Other stores are located
Alamo Drafthouse Cinema to open in Seaport
July 29, 2022
Boston, MA Alamo Drafthouse Cinema plans for its first-ever New England location. Alamo Drafthouse Boston Seaport is a 10-screen theater with 767 seats and will feature a mix of first-run films and curated specialty programming, a made-from-scratch food and beverage menu, and luxury
Vidal/Wettenstein closes sale of 58,200 s/f Spinelli Plaza Shopping Center
July 29, 2022
Stratford, CT Spinelli Plaza Shopping Center has been sold. The sales price was $8.2 million. The property consists of three buildings totaling 58,200 s/f on 4+ acres and sits at the major intersection of Barnum Ave. and Main St. The complex is occupied by several retail establishments
Horvath & Tremblay sells four retail properties in New England totalling $7.838 million
July 29, 2022
Easton, MA Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $7.838 million. Bob Horvath, Todd Tremblay and Brian Ahrens of Horvath & Tremblay have completed the sale of Starbucks. Horvath & Tremblay exclusively
Chef Miller team opens Sin City Superette
July 29, 2022
Lynn, MA The team behind Nightshade Noodle Bar, chef Rachel Miller’s award-winning French and Vietnamese inspired fine dining restaurant, celebrated the opening of a new community market in their beloved “sin city.” Sin City Superette’s mission is to
Urban Edge expands with $32.9 million acquisition of The Shops at Riverwood
July 29, 2022
Hyde Park, MA Urban Edge Properties has acquired The Shops at Riverwood, a fully-leased grocery-anchored, retail center for $32.9 million. The acquisition advances the company’s strategic plan of acquiring high-quality, infill real estate in a core retail
Malone Commercial sells 11,180 s/f to Allspeed Cyclery & Snow
July 29, 2022
Portland, ME Malone Commercial Brokers closed the sale of 936 Brighton Ave. which will be occupied by Allspeed Cyclery & Snow. Jennifer Small and Joe Malone represented the seller. Chris Paszyc and Nick Lucas at The Boulos Company represented the
Summit Realty Partners finalizes seven new sale and lease transactions
July 29, 2022
Lexington, MA Summit Realty Partners, Inc. assisted in finalizing five buyer representation sales and two tenant representation leases with a multi-unit franchisee of Domino’s.
Paterno and Balletto of Northeast Private Client Group sell 13,996 s/f White Street Plaza for $2.4 m...
July 29, 2022
Danbury, CT Northeast Private Client Group (NEPCG) has brokered the sale of White Street Plaza. Investment associate Robert Paterno and senior vice president, investments Brad Balletto represented the seller and procured the buyer
New England Development’s CambridgeSide reaches milestone for 20 CambridgeSide
July 29, 2022
Cambridge, MA CambridgeSide celebrated a milestone in the construction process, the placing of the final beam for 20 CambridgeSide, located at the corner of Edwin Land Blvd. and CambridgeSide Place. 20 CambridgeSide when completed will be a 350,000 s/f
CBRE sells 96,691 s/f Newington Westfarms Center for $26.4 million on behalf of the owner, Tartaglia...
July 29, 2022
West Hartford, CT CBRE brokers the $26.4 million sale of Newington Westfarms Center, a 96,691 s/f property in West Hartford and Farmington. The CBRE team of Jeffrey Dunne, David Gavin and Peter Furest, in conjunction with Don Cafero of JLL, represented the owner,
Angel Commercial leases 3,000 s/f at Fairfield Shopping Center; Saugatuck Commercial R.E. reps T-Mob...
July 29, 2022
Fairfield, CT Angel Commercial, LLC said T-Mobile US Inc. has executed a long-term lease for 3,000 s/f of retail space at the Fairfield Shopping Center anchored by Bob’s Stores. T-Mobile will be relocating its store at the Ring’s End Plaza at 1125 Post Rd.
Vernet Properties acquires 245,000 s/f - renovates/renames Belknap Marketplace
July 29, 2022
Belmont, NH Vernet Properties, Inc. purchased the 245,000 s/f retail shopping center at 96 Daniel Webster Hwy. (Rte. 3) in southern sector of the N.H. Lakes region and near Lakes Winnisquam and Winnipesaukee.
Groblewski and Monahan of Fantini & Gorga arrange $13 million funding
July 29, 2022
Brookline, MA Fantini & Gorga has placed $13 million in acquisition and repositioning funding for 1004-1016 Beacon St., a centrally-located retail space in the suburb of Boston. The financing was arranged by senior managing director Casimir
Atlantic Capital Partners sells three grocery-anchored centers for $84.175 million - including Stop ...
July 29, 2022
Kingston, MA Atlantic Capital Partners has negotiated the sale of three institutional-quality grocery-anchored shopping centers located in Metro Boston. The portfolio is located in three communities along the southern coast of Massachusetts and consisted of the Stop & Shop in Abington, Big Y World Class Market
Clients should feel confident when they hire a New England Security guard - by Daniel Sarno
July 29, 2022
As the COVID-19 dust settles, one thing that all can agree on is that the pandemic shook us at our core. Countless businesses folded, employees lost their jobs, and families lost loved ones. The sense of doom and despair was real. It took a lot of positive thinking and perseverance for people and businesses
Sweeney sums up summer in Rhode Island’s 2022 commercial real estate market - by Tom Sweeney
July 29, 2022
Well here we are. Many businesses are trying to determine how to navigate the current economic situation. “Economic outlook has dropped to historic lows, down 75% from a year ago as prices have increased about 8.6%” according to 2022 JPMorgan Chase & Co. Business Leaders Outlook Pulse survey.