Retail

Blaisdell of Nordlund Associates negotiates $2.25 million sale; represents AAA Northeast

Leominster, MA Tom Blaisdell, vice president of retail at Nordlund Associates, Inc. negotiated the $2.25 million sale of 20 Commercial Rd., a 20,000 s/f retail building on 2.016 acres.

JAACRES leases 1,200 s/f to Charleston Shoe Company

Boston, MA JAACRES completed their fourth lease transaction with the Charleston Shoe Company at 174 Newbury St., according to Joseph Aquino, president.

Horvath & Tremblay sells three retail properties for $10.175 million

Wilmington, MA Horvath & Tremblay has completed sale of three properties for combined sales of $10.175 million. The properties include The Learning Experience and Car Wash in Mass., Taco Bell in Maine and Chase Bank in N.J.

Poyant Moran promoted to director of sales operations at Poyant

New Bedford, MA Poyant, a sign manufacturer and branding specialist serving local, regional and national organizations, has promoted Stephanie Poyant Moran to director of sales operations.

Summit Realty Partners leases 2,019 s/f to HotWorx in Bedford

Bedford, NH Summit Realty Partners, Inc. signed a new 2,019 s/f lease with HotWorx, an infrared fitness studio at Hannaford Plaza. While HotWorx features various existing locations,

Vidal Wettenstein sells 484 Boston Post Rd. for $1m to Furniture Depot

Orange, CT Vidal Wettenstein, LLC has sold 484 Boston Post Rd. to Furniture Depot. The Boston Post Rd. Orange/Milford corridor is known as the “Retail Miracle Mile,” with most major and local retailers represented.

Jefferson Apartment Group signs first retail tenants at J Malden Center; Landsmith and Soul City Yoga

Malden, MA According to Jefferson Apartment Group (JAG), a leading multifamily developer and operator specializing in premier apartment communities throughout the East Coast, J Malden Center has signed its first two retail tenants to the mixed-use development slated to open later this year in downtown.

The Proto Group completes three leases totaling 23,240 s/f in CT

Wallingford, CT The Proto Group has completed the following leases totaling 23,240 s/f:

Boylston Properties and Wilder to welcome 2,086 s/f Tori Jiro restaurant

Watertown, MA According to Boylston Properties and Wilder, Japan’s Yuki Watanabe and Tori Jiro executive chef Mizushima will be serving up their “Yakitori” at a 2,086 s/f space at Arsenal Yards.

Tax Cuts and Jobs Act opportunities for real estate owners - by Jeff Hiatt and David Fabian

We have now all navigated through the first busy season with the Tax Cuts and Jobs Act (TCJA). As we work on our 2018 extended returns, and enter the planning stages for 2019 and beyond, there are still many questions and required clarifications. There are also many more opportunities.