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WS Development names tenants at The Current
May 27, 2022
Boston, MA Boston Seaport by WS Development presented the Spring/Summer 2022 edition of its now iconic retail incubator, The Current. Reminiscent of The Current’s 2018 debut, this iteration will showcase female-owned brands, the majority of which are local. Nine small businesses
Coldwell Banker Commercial facilitates $2.4m retail center sale
May 27, 2022
Newton, MA Coldwell Banker Commercial represented the seller, a local family trust, in the sale of a multi-tenant retail center consisting of two adjacent buildings located at 383-387 Boylston St. The transaction was valued at $2.4 million.
Buy New England Lobster, LLC buys new space in Newburyport
May 27, 2022
Newburyport, MA Buy New England Lobster, LLC purchased an eight-unit, 55,000 s/f property at 5 Perkins Way. The property was procured by Caitlin Burke of The Boulos Company, and Austin Spinella of Coldwell Banker represented the seller.
McLaughlin Investments handles $7.85 million sale of Belknap Mall
May 27, 2022
Belmont, NH McLaughlin Investments, Inc. has arranged the $7.85 million off-market sale of Belknap Mall, in the Lakes Region. The property is a 235,000 s/f Shaw’s Grocery shopping center and was sold to Vernco Belknap, LLC.
Horvath & Tremblay sells four retail properties in New England for $12.8 million
May 27, 2022
New Bedford, MA Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $12.8 million. Bob Horvath, Todd Tremblay and Hobart Hare of Horvath & Tremblay completed the sale of Trucchi’s Supermarket in
Kripper Studio to design cannabis retail space for Cultivate
May 27, 2022
Worcester, MA Cannabis company Cultivate has selected Kripper Studio to design a retail location in the city. The project follows a previous collaboration on the company’s location in Framingham.
McMahon and Ginsberg of Summit Realty represents Restore in five leases
May 27, 2022
Lexington, MA Summit Realty Partners, Inc. has completed five new retail lease transactions for Restore Hyper Wellness & Cryotherapy locations in Massachusetts, New Hampshire and Rhode Island. Chris McMahon and Travis Ginsberg of Summit Realty Partners represented the tenant
Atlantic Capital Ptrs. sells 163,545 s/f Sand Hill Plaza in Newtown, CT
May 27, 2022
Newtown, CT Atlantic Capital Partners has completed the sale of Sand Hill Plaza, a 163,545 s/f grocery-anchored shopping center that is 73% occupied by 11 local and national retail tenants. Justin Smith, head of capital markets; Chris Peterson, vice president of capital markets; Sam Koonce,
JLL Capital Markets closes $104 million sale of The Crossings on behalf of the seller - RPT Realty a...
May 27, 2022
Newington, NH JLL Capital Markets has closed the $104 million sale of The Crossings, a 509,749 s/f, dominant, regional retail center anchored by Trader Joe’s and Aldi in the coastal community. JLL advised the seller, and RPT Realty acquired the asset.
Blackbird Doughnuts opens at High Street Place
May 27, 2022
Boston, MA Blackbird Doughnuts has officially opened at High Street Place, downtown’s new food hall. Creating unique, gourmet doughnuts from scratch, Blackbird combines interesting flavors, both savory and sweet, with classic favorites, all while using as many natural and locally
Institutional Property Advisors handles sale of Ansonia Landing Shopping Center for $14 million
May 27, 2022
Ansonia, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Ansonia Landing, a Stop & Shop-anchored shopping center. The property traded for a total of $14 million, or $153 per s/f.
Newmark sells 258,110 s/f Southwind Plaza to Bandera Ventures and 279,989 s/f Falmouth Landing to TA...
May 27, 2022
Hyannis, MA Newmark has completed the sale of two retail shopping centers on Cape Cod totaling $120 million. The assets include Southwind Plaza, a 258,110 s/f, Home Depot-anchored shopping center in Hyannis; and Falmouth Landing,
Project of the Month: HDS Architecture and AmConCorp design & build Arhaus Furniture store at 323 Sp...
May 27, 2022
Natick, MA HDS Architecture (HDS) has transformed a dated façade into an attractive, eye-catching storefront. Like so many retail spaces that occupy buildings originally designed for an earlier tenant, the Arhaus Furniture store at 323 Speen St. was in dire need of a complete
JSA Design hires Smith and Morse
May 27, 2022
Portsmouth, NH JSA Design has added two new staff members: Heidi Smith NCIDQ, LEED AP, as interior designer and Karen Morse as accounting and office manager. “We’re delighted to welcome Heidi and Karen on board,” said JSA CEO North Sturtevant. “Heidi adds depth
Ligotti, Redeker and McGranaghan of Boston City Group, Inc. broker $3.55 million sale of 1013 Beacon...
May 27, 2022
Brookline, MA 1013 Beacon St., a 10 unit multifamily building, was sold by Boston City Group, Inc.’s Caroline Ligotti, Linda Redeker and Emily McGranaghan who marketed the property and exclusively represented the seller.
Skanska promotes Zeppieri to vice president and O’Connell to senior director
May 27, 2022
Boston, MA To expand the benefits of leading-edge technology for its clients and better support its people, Skanska USA’s building operations has elevated its Emerging Technology team, promoting Michael Zeppieri to vice president and Danielle O’Connell to senior director.
Shawmut Design and Construction, EYP, and The Guild transform vacant lot for Earth Day
May 27, 2022
Dorchester, MA Shawmut Design and Construction and EYP partnered with The Guild, a community-driven social enterprise owned and led by people of color, to convert a vacant 5,600 s/f lot into The Guild Sanctuary on Coleman, an outdoor community space in celebration of Earth Day on Friday
Can I 1031 exchange out of a Delaware Statutory Trust? - by Dwight Kay
May 27, 2022
Many investors that have participated in or are considering a DST 1031 exchange with Kay Properties will oftentimes ask us, Is it possible to 1031 exchange out of a Delaware Statutory Trust? If you’re looking for a clear and concise answer to this question, here it is: Yes, you can
Cresa and Margulies Perruzzi congratulate Rich Bettina at Fresenius on CoreNet Award
May 27, 2022
Boston, MA The local office of Cresa, and Margulies Perruzzi (MP) congratulated Rich Bettina, senior director of leasing for Fresenius Medical Care North America (FMC) on being named the Real Estate Executive for the Americas by CoreNet New England. Bettina was honored at the CoreNet New England Awards
Sheet Metal Workers Local 17 awards $151,000 in annual scholarships to 27 area students
May 27, 2022
Dorchester, MA Sheet Metal Workers Local 17, a division of the SMART Northeast Regional Council (SMART NERC), awarded their annual scholarships, allocating $151,000 towards the futures of 27 area high-school seniors and college students. The program, 100% funded by the membership of Local 17,