Retail

Sephora signs as lead tenant of third phase of Assembly Row

Somerville, MA Assembly Row will welcome Sephora next year as a lead tenant for the development’s emerging third phase. The new phase also includes a 24-story, 500-unit apartment building with ground floor retail space, across from the Assembly Sq.

Greenman of Capstone Properties leases 8,000 s/f to Dollar Tree at Riverside Plaza

East Providence, RI Chris Greenman of Capstone Properties leased 8,000 s/f to Dollar Tree at Riverside Plaza in the Riverside neighborhood.  Dollar Tree will be joining Shaw’s Supermarket, who recently went through a significant upgrade to their store.

Cambridge Crossing expands with three concepts from Puritan & Co.

Cambridge, MA Will Gilson and his Puritan & Company team will expand their presence to Cambridge Crossing. The three concepts that are being launched by Gilson and his team will be comprised of Café Beatrice; Geppetto; and The Lexington

Horvath & Tremblay and MDK Realty sell CVS for $5.25 million - a 13,400 s/f stand-alone brick building redeveloped in 2017

Boston, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay in conjunction with Marc Koenig of MDK Realty have completed the sale of CVS Pharmacy. MDK Realty represented the seller and enlisted Horvath & Tremblay to nationally expose the property

Remic Properties completes 8,000 s/f lease to Family Dollar at Breckwood Shops

Springfield, MA Remic Properties has completed the leasing of 8,000 s/f to Family Dollar at the Breckwood Shops. Mitch Bolotin of Colebrook Realty Services represented Remic Properties in this transaction. The addition of Family Dollar now brings the center’s occupancy to 93%.

Saugatuck Commercial Real Estate brings PROOF Coffee to Stamford and Capuli to Westport

Stamford, CT PROOF Coffee Roasters, a specialty coffee company, opened its first Connecticut coffee shop at 200 Commons Park South, in the city’s Harbor Point area. Saugatuck Commercial Real Estate (SCRE) was the exclusive broker in this transaction. With multiple locations throughout New York City, PROOF sources its coffee from sustainable farms and roasts it locally in Brooklyn, N.Y. Jeff Sale, founder and CEO of PROOF Coffee, said the company was “incredibly excited” to expand their footprint to Harbor Point, and to the city as a whole.

Stevens of Pearce R.E. handles 1,200 s/f lease

New Haven, CT Renee Stevens of the North Haven Commercial office of Pearce Real Estate has completed the lease of 1,200 s/f of retail space at 1296 State St. Stevens represented both the landlord, Luigj Ulaj, and the tenant, Mindless Thoughts, LLC, in the transaction. The tenant, Mindless Thoughts, is excited to be moving to their new location, having been in business in the city since 2012. LaDrea Moss and Brianna Triplett are proud that their company strives to provide its consumers with a creative, up-to-date appealing urban fashion that anyone would feel proud to wear. 

Dave’s Fresh Marketplace opens 32,263 s/f flagship store

Warwick, RI In a grand opening ceremony held at 2574 West Shore Rd., Carpionato Group, a Rhode Island-based property development company, committed to business growth in New England, turned over the keys to the newest Dave’s Fresh Marketplace located on the site of a former Benny’s store which closed in 2016. The new 32,263 s/f Dave’s will be the company’s flagship store and is part of a new shopping plaza built by Carpionato Group that is across the street from the original Dave’s store and is on the site where Dave’s Fresh Marketplace founder Dave Cesario’s first fruit and vegetable stand was located more than 50-years ago.

JLL Capital Markets handles sale of a 7,200 s/f retail building

Cambridge, MA JLL Capital Markets has completed the sale of a 7,200 s/f retail building at 1120 Massachusetts Ave. in the Harvard Sq. area of the city. The sale price was not disclosed. JLL marketed the property on behalf of the seller, a private entity advised by Ella Properties, LLC. An affiliate of The Bulfinch Companies, Inc. purchased the asset with plans to reposition the building as a first-class office, medical or biotech property. The acquisition of 1120 Massachusetts Ave. further strengthens Bulfinch’s growing portfolio in the market.

Bruk Realty Advisors broker a 31,795 s/f lease

Methuen, MA Steve Miller and Jeff Bruk of Bruk Realty Advisors brokered a 31,795 s/f lease at The Loop. Bruk Realty Advisors completed the lease transaction representing One Stop Liquors at The Loop. Bruk Realty Advisors is a leading commercial real estate brokerage firm providing a broad range of real estate services to its clients throughout New England.