Retail

Condesa Restaurante Mexicano & Tequila Bar opens at Arsenal Yards

Watertown, MA Condesa Restaurante Mexicano and Tequlia Bar opened at Arsenal Yards, located along the Charles River. This is Condesa’s third location with additional locations in Smithfield and West Warwick, R.I.

KeyPoint Partners negotiates sale of Allston storeblocks - $7.94 million

Allston, MA KeyPoint Partners (KPP) represented the seller and procured the buyer in the sale of 1-9 North Beacon St./491 Cambridge St. and 479-489 Cambridge St. for $7.94 million, according to Jonathan Aron, vice president

Horvath & Tremblay sells three retail properties for $8 million

Plymouth, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of the Friendly’s Plaza. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.425 million.

Summit Realty sells 92,646 s/f Village Mall Shopping Center for $12.5 million - sold by 1180 Beacon Props., Inc. and Village Mall, Inc. to Shri Swamine, LLC

Methuen, MA Summit Realty Partners, Inc. negotiated the recent sale of the Village Mall Shopping Center at 436 Broadway (Rte. 28). The 92,646 s/f center with 17 tenants situated on 10.22 acres sold for $12.5 million ($135 per s/f)

BHHS Verani Realty and Vernco Apple, LLC
report Apple Tree Shopping Center 100% leased

On behalf of the owner, Vernco Apple LLC, Berkshire Hathaway HomeServices Verani Realty is pleased to announce that Shaw’s Apple Tree Shopping Center on Rte.102 in Londonderry, N.H. is now totally renovated and 100% leased.

Groblewski of Fantini & Gorga arranges $1.4 million acquisition financing for CVS at 2427 Main St. in Rocky Hill, CT

Rocky Hill, CT Fantini & Gorga has placed acquisition financing of $1.4 million for a CVS at 2427 Main St. Casimir Groblewski, senior managing director, arranged the financing on behalf of his client, an experienced team

B+E brokers sale of Boston MSA Domino’s property for $1.9 million

Lowell, MA B+E, the first brokerage and technology platform for net lease real estate, completed the sale of the Domino’s property located at 71-73 Mammoth Rd. for $1.9 million.

Summit Realty finalizes $9.3 million sale of Rivers Edge Plaza

Haverhill, MA Summit Realty Partners, Inc. has completed the sale of Rivers Edge Plaza. The 64,655 s/f shopping center on 7.14 acres sold for $9.3 million ($144 per s/f). River’s Edge Plaza is shadow anchored by Market Basket and benefits from its location on Rte. 97

Starbucks first Malden location opens to public at Exchange 200

Malden, MA According to Boston-based real estate developer Berkeley Investments and mayor Gary Christenson, Starbucks first city location has officially opened at Berkeley’s Exchange 200. The new cafe supports Starbucks plans

JLL sells Lowe’s-anchored retail center for $20.25 million - Heald and Angelone represent the seller, Davenport Companies

Wallingford, CT JLL Capital Markets has closed the $20.25 million sale of Lowe’s Plaza, a fully leased, 160,000 s/f retail center anchored by Lowe’s Home Improvement.