Retail
Yellow Door Taqueria opens third location
Mission Hill, MA Yellow Door Taqueria has opened at 1619 Tremont St. The new location is serving up traditional tacos with an individual twist, on corn tortillas made fresh every morning. Varieties include Chili Duck: chili barbeque, roasted duck, vanilla plantain puree, pickled red onions, cream, plantain strings and Jackfruit + Apple: avocado puree, green apples, pico de gallo, roasted pepitas.
Project of the Month: BKA Architects and Haynes Group
build 1,784 s/f New Leaf cannabis dispensary in Fall River
Fall River, MA Construction has wrapped on New Leaf, a modern adult-use cannabis dispensary. Peter Fernandes, founder and CEO, combined his passion for flipping properties, with Evan Darmody and Kaitlin Cahill’s expertise of cannabis products and knowledge of state laws and regulations, creating their new company New Leaf.Boston Realty Advisors leases 30,000 s/f at The Abbot in Harvard Sq.
BOSTON, MA Boston Realty Advisors has completed leasing 30,000 s/f of new retail space on the lower three floors of the newly restored Abbot building in Harvard Sq. The 60,000 s/f building is located at the intersection of Brattle and JFK St., across from Harvard Sq.’s main intersection from the MBTA Red Line Station and kiosk, formerly Out of Town News.
East Brown Cow and Malone leases 5,532 s/f to Madewell at 75 Market St.
PORTLAND, ME East Brown Cow and Malone Commercial Brokers has signed a five-year lease with Madewell for a retail storefront at 75 Market St., scheduled to open soon. The 5,532 s/f space looks on to Post Office Park at the corner of Market and Middle St.
Untold Brewing opens new location with brewery & restaurant at Derby St. Shops
Hingham, MA Weeks after celebrating its fifth anniversary,Untold Brewing has opened its second location at Derby St. Shops. Operated in partnership with Clandestine Kitchen (CK), the South Shore based private chef service and home meal delivery company, the new location features a rotating selection of Untold’s beer alongside CK’s menu of scratch made items, featuring organic, locally sourced ingredients.Untold’s Brewery & Restaurant opened at Derby St. on November 11th.
Horvath & Tremblay sells three properties in New England for $8.4 million - including $3.65 million sale of Berkshire Bank
West Hartford, CT Horvath & Tremblay has completed the sale of three properties in New England for a total of $8,415,434. Bob Horvath, Todd Tremblay and Matt Nadler of Horvath & Tremblay sold a Berkshire Bank at 927 Farmington Ave. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $3.65 million.
Saulnier of MANSARD completes $5.8 million sale of Parkhill Plaza
Fitchburg, MA Taylor Saulnier, CCIM of MANSARD facilitated the sale of Parkhill Plaza, a 55,000 s/f retail center in for $5.8 million. MANSARD represented the seller, Aubuchon Realty Company and the buyer, A1Q Park Hill Plaza via a private sale process.
Heald joins CBRE as exec. vice president
BOSTON, MA Industry veteran Nat Heald has joined CBRE Capital Markets as executive vice president to focus on institutional sales of retail assets.
Armageddon: Not yet - by Carol Todreas
Over and over again since the pandemic, there have been continued predictions that brick and mortar retail would take its final hit, leaving all of us consumers with the simple joys of internet consumption. No one could have foreseen the changes influencing retail since those days of lockdown.
Atlantic Capital Partners sells 150,984 s/f Campus Plaza and 233,008 s/f At Rockingham Park Mall
Salem, NH Atlantic Capital Partners has sold two retail properties. Atlantic Capital Partners negotiated the sale of At Rockingham Park Mall, a former Sears anchor to Rockingham Park Mall. Justin Smith, head of capital markets; Sam Koonce, associate; and Cole Van Gelder, analyst; oversaw the transaction which had Atlantic Capital Partners exclusively representing the seller.