Retail
The Boulos Company arranges three retail sales - $2.68m, 15,160 s/f
Portland, ME The Boulos Company has arranged the following sales and acquisitions with two transactions totaling $2.68 million and all three totaling 15,160 s/f. • The former Botto’s Bakery at 550 Washington Ave. in Portland was sold to 3 Labs, LLC for $980,000. The buyer plans to update the 9,045 s/f building and lease out retail suites. Craig Young and Sasha Phillips of The Boulos Company represented Botto’s, and Josh Soley of MRA represented the buyer.
The Escape Game to open at Legacy Place
Dedham, MA The Escape Game will open a new location at Legacy Place in winter 2024. The Escape Game’s location at Legacy Place has a 4,364 s/f facility which will include five different themed escape rooms including Timeliner, The Depths, Prison Break, Gold Rush, and The Heist.
Rebelle Bagels to relocate this winter
Cambridge, MA 2023 James Beard Award semifinalist for best chef, Northeast Milena Pagán, is relocating her Providence bagel shop, Rebelle, this winter to 249 3rd St. A “Best of Rhode Island” winner by Rhode Island Monthly three years in a row, Rebelle is known for its fresh-baked, made-from-scratch bagels and creative spreads, breakfast sandwiches and indulgent sweet treats, and its deep-rooted commitment to sustainability.
Boston Seaport by WS Development transforms into annual Snowport
Boston, MA Every winter, the Seaport neighborhood, developed by WS Development, gets transformed into Snowport, a winter wonderland of good times, gifts, games, art, food, and special events. Snowport will return for the fifth year for Bostonians and tourists alike. The neighborhood will be filled with activities and events, including outdoor iceless curling, evergreen trimmings and trees at The Tree Market, an annual holiday tree lighting, Light Up Seaport
Retail for the new consumer - by Carol Todreas
While brick and mortar stores remain strong in class A locations the retail scene is ever-changing and characterized by uncertainty. There are still layoffs, bankruptcies, closures, and vacancies. On the other hand there are new store openings and the successful tweaking/downsizing of some of the older department stores, such as Macys, Bloomingdales, Target and even IKEA.
Brave Daughters opens permanent location at the Seaport’s Superette
Boston, MA Following its pop-up at Boston Seaport’s retail incubator, The Current, Brave Daughters, the bespoke forever jewelry brand, has a new location at 70 Pier Blvd. suite 420. On October 21st, Brave Daughters opened its permanent storefront, located at the Seaport’s retail and dining destination, The Superette.
Horvath & Tremblay sells three
single-tenant properties for $10.4 million
Uxbridge, MA Horvath & Tremblay has completed the sale of three single-tenant net leased properties in New England for a total of $10,413,172. Bob Horvath, Todd Tremblay, and Brad Canova of Horvath & Tremblay have completed the sale of a new-construction Big Y World Class Market in Uxbridge. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5,602,714, and a cap-rate of 5.8%.
Greenwich Premier Services arranges seven retail leases for business portfolio
Greenwich, CT Greenwich Premier Services, the managing entity of Fareri Associates, has arranged for seven new retail businesses to join their portfolio of commercial, residential and retail properties. Fred Accessories, Heather Gaudio Fine Art, The Little Greene, Starbucks, Carlo’s Cucina II, Access Physical Therapy & Wellness, Mathnasium and Whitman Breed renewed, totaling 33,000 s/f of leased space.
Garnet Hill to open at Legacy Place - 4,200 s/f
Dedham, MA Legacy Place apparel and home brand, Garnet Hill, will debut its first retail brick and mortar at the property in winter 2024. For almost 50 years, Garnet Hill has been a destination for responsibly sourced, and passionately crafted products. The brand’s first retail shop at Legacy Place will offer guests the opportunity to shop its original designs, prints and patterns across fashion and décor
Arnold Peck’s Commercial World sells Hitchcock Plaza - 11,000 s/f leased
Orange, CT Hitchcock Plaza, formerly known as Loehmann’s Plaza, a landmark shopping center at 185 Boston Post Rd. has been sold for an undisclosed amount by Arnold Peck of his brokerage Arnold Peck’s Commercial World. The property had been listed by Peck for the listed price of $8 million