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Doyle of Colonial Properties, Inc. handles 11,175 s/f in leases
June 24, 2022
West Haven, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the firm completed the following transactions: Tom Doyle, Realtor, represented the landlord, York Business Center, LLC in the leasing of 2,250 s/f of restaurant space at 701-703 Campbell Ave.
Capital Group Properties signs The Paper Store to 12,000 s/f lease
June 24, 2022
Warwick, RI According to Capital Group Properties, The Paper Store is the newest tenant coming to Warwick Center, a 160,000 s/f shopping center. The Paper Store is relocating from its Warwick Mall location to the new 12,000 s/f storefront
Limani opens at The Street Chestnut Hill
June 24, 2022
Chestnut Hill, MA The Street Chestnut Hill gets a taste of the Mediterranean with the arrival of New York-based restaurant, Limani. Now open, Limani transports its guests to the coastal shores of Greece and Cyprus
Stan Johnson Company completes $46.7 million grocery store sale
June 24, 2022
Stamford, CT Stan Johnson Company has completed the sale of a freestanding grocery store located at 1937 West Main St. The 69,733 s/f supermarket is leased to Stop & Shop, a regional grocer located in the Northeastern U.S.
Royal Properties brings Comcast to Derby, CT
June 24, 2022
Derby, CT According to Royal Properties, Inc., Comcast signed a five-year lease for 2,477 s/f at ShopRite Shopping Center, 49 Pershing Dr.
Atlantic Capital handles $32.855m retail sale for Finard Properties
June 24, 2022
Hyde Park, MA Atlantic Capital Partners has completed the $32.855 million sale of The Shops at Riverwood, an institutionally owned and managed grocery-anchored, retail center. The property, which was developed by Finard Properties
Warby Parker store now open at Legacy Place
June 24, 2022
Dedham, MA Warby Parker store is now open at Legacy Place Mall. The store opened on Saturday, June 18th. This is their tenth store in Massachusetts and they are thrilled to be expanding their retail presence and connecting with even more customers in the community.
CBRE secures $15.25 million in financing for Playhouse Sq. Shopping Center in Westport, CT
June 24, 2022
Westport, CT CBRE Capital Markets’ Debt & Structured Finance team has arranged a $15.25 million loan to refinance the Playhouse Square Shopping Center, an unanchored, 40,000 s/f community shopping center with 17 tenants located at 275 Post Rd. East.
NAI Glickman Kovago & Jacobs handles $5.325m sale of former Shaw’s supermarket in Webster, MA
June 24, 2022
Webster, MA The former 57,000 s/f Shaw’s supermarket building at 70 Worcester Rd., and the 13,600 s/f retail strip at 84 Worcester Rd., have been sold.
Common Craft opens at Burlington Mall
June 24, 2022
Burlington, MA According to the Burlington Mall, a Simon center, Common Craft, a first-of-kind dining venue has opened. Featuring two craft beer taprooms, a boutique farm wine element, a “speakeasy” style room
Tishman Speyer Properties sells Pier 4 Retail in the Seaport for $12 million - a 16,134 s/f urban re...
June 24, 2022
Boston, MA JLL Capital Markets has closed the $12 million sale of Pier 4 Retail, a 16,134 s/f urban retail condominium leased to two full-service restaurants in the city’s Seaport neighborhood.
Project of the Month: Vantage Builders completes build-out for Zahara Cannabis at 70 Frank Mossberg ...
June 24, 2022
Attleboro, MA Vantage Builders, Inc., a commercial contractor specializing in pre-construction, construction management and design-build services, has completed the build-out of a high-end cannabis dispensary for Zahara Cannabis, located at 70 Frank Mossberg Dr.
Is it time to expand my medical practice? 3 questions to consider - by Peter Kilkelly
June 24, 2022
When you’ve reached the point of looking for new real estate to expand your practice, it’s an exciting time. It usually means business is good. For some, it might also be time for a facelift. Maybe the Cape Cod-style home that for years has operated
Acella Construction Corp. promotes Towle to senior project manager
June 24, 2022
Pembroke, MA According to Acella Construction Corp., Michael Towle has been promoted to senior project manager, effective immediately. In this new role, Towle will oversee several of Acella’s largest, more complex projects in addition to managing multiple university client projects.
Newmark assists Wheelock and Seyon in sale of RSF ind’l. portfolio
June 24, 2022
Boston, MA Newmark completed the sale of the RSF industrial portfolio, which comprises five distribution/logistics facilities located across suburban Boston. The sale price of the portfolio was not disclosed.
Rader Properties signs two leases totaling 45,000 s/f at 701-707 Technology Center Dr., Stoughton, ...
June 24, 2022
Stoughton, MA 701-701 Technology Center Dr. was purchased in 2019 by 110 Industrial Park, LLC. At the time of purchase, the property was 60% leased to furniture retailers. Due to effects of COVID on the retail sector,
Shawmut Design and Construction celebrates 13th Annual Safety Week
June 24, 2022
Boston, MA Shawmut Design and Construction hosted its 13th annual Safety Week, focusing on physical and mental health, safety, and well-being. The week consisted of 602 events and training sessions held across 112 locations
Norton of Horvath & Tremblay sells two multifamily properties for $2 million - 279-289 Park St. and ...
June 24, 2022
Lawrence, MA Spencer Norton of Horvath & Tremblay has completed the sale of two multifamily properties for just over $2 million. 279-289 Park St., which consists of 11-units, closed for $1.085 million.
Turner Construction and BTEA host stand down
June 24, 2022
Boston, MA Over 500 construction workers participated in a stand down at Turner Construction’s Commonwealth Pier jobsite to address the skyrocketing overdose deaths and suicide rates in the construction industry.
Northeast Private Client Group sells 59-unit Oak and Main Portfolio
June 24, 2022
Manchester, CT Northeast Private Client Group (NEPCG) has closed the sale of Oak and Main Portfolio, a 59-unit apartment complex. Senior vice, investments Brad Balletto represented the seller