Retail

Tuccio Properties Group and Deer Hill Capital acquire
Raynham Depot in joint venture for $1.9m

Raynham, MA 768-770 Broadway LLC, a joint venture of Tuccio Properties Group and Deer Hill Capital, has acquired Raynham Depot for $1.9 million. Raynham Depot, located at 768-770 Bdwy., is a 47,000 s/f retail plaza less than one mile from I-495. Tenants in the plaza include Ace Hardware, Gwen Mireille Salon & Spa and Brother’s Pizza

Boston Seaport by WS Development debuts Black Owned Bos. Market

Boston, MA Seaport x Black Owned Bos. Market has returned to the Seaport neighborhood for its fifth year with 45 vendors for the market’s 2024 season. Seaport x Black Owned Bos. Market is known for its eclectic collection and innovative ways to support local businesses owned by a celebrated community of Black creators and makers.

Horvath & Tremblay completes three
retail property sales for $11.519m

Pittsfield, MA Horvath & Tremblay has completed the sale of three single tenant properties for a total of $11,518,611. Aaron Huntley of Horvath & Tremblay has completed the sale of Sunfarm Solar. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this transaction at a sale price of $750,000. Sunfarm Solar

The Boulos Co. brokers 1,334 s/f lease for Loquat Shop at Mechanics’ Hall

Portland, ME The Loquat Shop, a fashion brand, has relocated to the first floor of the historic Mechanics’ Hall at 519 Congress St. The move to this location marks a milestone for both Loquat and the Maine Charitable Mechanic Association, the landlord of this property. Nate Stevens and Samantha Marinko of The Boulos Company

Regency Centers acquires 76,000 s/f Compo Shopping Centers

Westport, CT Regency Centers has acquired the Compo Shopping Centers, a 76,000 s/f retail destination. These two centers, which are known to the market as Compo I & II, will combine operations with Regency’s existing adjacent center, Compo Acres. Together, they will be known as Compo Acres Shopping Center,

Chestnut Hill Square to open Glowbar

Chestnut Hill, MA Chestnut Hill Square plans to open Glowbar, the facial-membership brand with 30-minute, affordable, custom, and results-driven treatments, in summer 2024.  Rachel Liverman, CEO and founder of Glowbar comes from a family of skincare pioneers. In 1977, her grandmother, Catherine Hinds, founded the first fully-accredited esthetics school in Woburn, Mass.

Bob’s Discount Furniture holds opening for newest location in Burlington

 Burlington, MA Bob’s Discount Furniture, the 8th largest U.S. furniture chain according to Furniture Today with 174 stores across 24 states and over $2 billion in annual sales will open its newest store. According to Bill Foppiano, regional store manager at Bob’s, the new store is located at 3 Abbott Park

State & Liberty joins lineup at Legacy Place

Dedham, MA Adding to its lineup of apparel brands, Legacy Place welcomes men’s clothing company, State & Liberty. An industry leader in athletic fit menswear crafted from high-performance fabrics, State & Liberty’s new shop at Legacy Place showcases its core collection of stretch blazers, dress slacks

Derby Street Shops welcomes Lilly Pulitzer

Hingham, MA Derby Street Shops in Hingham is set to open resort wear brand Lilly Pulitzer this spring/summer of 2024. The store is poised to make a splash with its happy prints, optimistic palette and welcoming atmosphere. Lilly Pulitzer at Derby Street will include a broad selection of its women’s apparel and accessories,

Colonial Properties brokers $515,000 land sale
and 1,685 s/f retail lease

Shelton, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the following transactions have been completed.  Fred Messore, broker and sr. vice president of Colonial Properties, Inc represented the seller