Retail
Marcus & Millichap brokers sale of 35,355 s/f retail property for $1.7 million
Hamden, CT Marcus & Millichap has brokered the sale of 1890-1916 Dixwell Ave. The property sold for $1.7 million. “The property’s vacancy has increased since the COVID-19 pandemic,” said Wes Klockner, first vice president
Shawmut builds two restaurants
and cocktail bar - 20,000 s/f
Boston, MA Shawmut Design and Construction has completed three restaurants for Garrett Harker: Eastern Standard Kitchen and Drinks, All That Fish + Oyster and Equal Measure. The Eastern Standard reopens in a new location alongside the two other concepts in Fenway’s Bower
NAI Glickman Kovago & Jacobs mediate 1,700 s/f retail lease at 97 Boston Turnpike
Shrewsbury, MA NAI Glickman Kovago & Jacobs on behalf of Jefferson Shrewsbury LP recently leased 1,700 s/f of retail space at 97 Boston Tpke. The new tenant, Massage Ultra will be relocating from their current location at 149 Boston Tpke. to the plaza.
Lendlease’s 8,000 s/f Clippership Wharf retail reaches full occupancy
Boston, MA Lendlease has reached full completion and occupancy of retail space at Clippership Wharf, a mixed-use residential development. Comprising of 8,000 s/f, the ground-floor, waterfront retail is now occupied by three dining establishments: Café Iterum, The Smoke Shop
Horvath & Tremblay sells three retail pad
sites in Wareham, MA for a total of $7.6 million
Wareham, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of the three retail pad sites (with five retailers). Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $7.6 million. The pad sites are located at 1 Tobey Rd. The pad sites are comprised of three new construction buildings that consist of a two-tenant building leased to Starbucks and the U.S. Air National Guard, a single tenant Aspen Dental and a three-tenant building leased to Chipotle, Crumbl Cookies, and Wareham Animal Hospital.
WS Development to open Mia’s Bakery at The Street Chestnut Hill
Chestnut Hill, MA WS Development is bringing Brooklyn sweets to The Street Chestnut Hill with Mia’s Bakery. Mia’s Bakery offers a selection of desserts, showcasing its custom and signature cakes, pies, cupcakes and more. This new location marks Mia’s Bakery’s first bakeshop outside of New York, and will be followed by openings at other WS Development properties: Boston Seaport and Derby Street Shops in Hingham, coming soon.
District Real Estate Advisors arranges
$4.045 million in sales and multiple leases
Boston, MA District Real Estate Advisors have arranged the sale of two properties totaling $4.045 million in Boston and negotiated multiple leases for retailers in Waltham. Beck Dangler of District Real Estate Advisors negotiated the sale of two independent South Boston retail condominiums located at 141 Dorchester Ave. and 301 West Bdwy. The 2,148 s/f space at 141 Dorchester Ave. sold for $1.395 million and the 5,764 s/f bi-level space at 301 West Bdwy. sold for $2.65 million.
Catamount Management welcomes Henry Bear’s Park at Hood Park
Charlestown, MA Children’s toy and gift store Henry Bear’s Park has set up shop in the retail space at 500 Rutherford Ave. In a time where many brick-and-mortar businesses are closing their doors due to online competition, Henry Bear’s Park’s presence marks their ninth location as they continue to grow in neighborhoods throughout New England.
Zakos and Wettenstein of Vidal/Wettenstein arrange two transactions - $2.35 million sale and retail lease
Orange, CT Scott Zakos associate commercial real estate broker of Vidal/Wettenstein LLC has arranged the sale of Contempo Square, located at 200 Boston Post Rd. Described as a 23,500 s/f multi tenanted retail/office building on 1.98± acres. Known as the “miracle mile” section of the Boston Post Rd. the investment property was purchased by S. Boston Post Property LLC for $2.325 million.
MarketStreet Lynnfield opens retail store BURG Kitchens & Appliances
Lynnfield, MA Celebrating 10 years this fall, MarketStreet, the North Shore’s premier neighborhood destination for shopping, dining and entertainment, has opened BURG Kitchens + Appliances. The new store and boutique showroom marks a milestone for MarketStreet as BURG becomes the property’s first retailer of high-quality kitchen and home appliances, led by a highly trained team of experts.