Charter Realty closes ground lease of Mobil Gas & Convenience

Cheshire, CT Charter Realty has closed the sale of a 25-year absolute triple net (NNN) ground lease for a Mobil Gas & Convenience store. The property, situated on a prime outparcel at The Shops at Stonebridge - a mixed-use retail development master-planned by Zelco Properties & Development (Charter Realty’s

Apple acquires 815 Boylston St.
store for $88m from Tribeca

Boston, MA According to public record, Apple Inc. has purchased the Boylston St. property that houses its Back Bay store for $88 million. Coming in at more than $3,500 per s/f, it’s reportedly one of the priciest retail real estate deals in Massachusetts in recent years.

Sephora joins retail lineup at Mansfield Crossing

Mansfield, MA Mansfield Crossing welcomed Sephora on February 14. Sephora will showcase its selection of makeup, skincare, haircare, and fragrances, providing beauty enthusiasts with a new destination for discovering a diverse range of classic and emerging brands, along with personalized services and expert advice.

Marvelous Barber Lounge opens third store at Arsenal Yards

Watertown, MA Marvelous Barber Lounge (MBL) is opening its newest location at Arsenal Yards. Founded by Lex Andre Daluz, a second-generation master barber and entrepreneur whose journey from cutting hair at home to owning multiple successful barbershops is inspirational. MBL aims to elevate the grooming experience for everyone who walks through its doors.

Wilder inks 1,850 s/f lease to Ben & Jerry’s

Freeport, ME Wilder has signed Ben & Jerry’s to Freeport Village Station, a premier outlet center. The new location, set to open in spring 2025, promises to enhance the experience for residents and visitors alike. Ben & Jerry’s has been a beloved fixture in Freeport for many decades.

Kempner Properties acquires six shopping centers for $30.75m

Avon, CT Kempner Properties, a White Plains NY-based commercial real estate company, has acquired a portfolio of six shopping centers in Connecticut  and Rhode Island anchored by Town Fair Tire for $30.75 million. The portfolio totals 126,299 s/f and is 92% occupied. Town Fair Tire leases 40% of the space on triple net leases, with the rest filled by a solid mix of local

Shake Shack to debut first Cape location in The Landing at Hyannis

Hyannis, MA The Landing at Hyannis’ dining options are growing. Shake Shack will debut its first location on Cape Cod at The Landing in 2025. Shake Shack serves American classics using made-to-order 100% Angus beef burgers, crispy chicken, hand-spun milkshakes, house-made lemonades, and more.

Marcus & Millichap arranges $12.46m sale of net-leased BJ’s

Bangor, ME Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of BJ’s Wholesale Club, a 91,828 s/f retail property located at 110 Longview Dr. for $12,460,350. 

Atlantic Capital Partners sells two grocery-
anchored shopping centers totaling $26m

Stow, MA Atlantic Capital Partners have sold two grocery-anchored shopping centers - Stow Shopping Center, a Shaw’s anchored asset in Stow, Mass. and Yarmouth Shopping Center, a Stop and Shop anchored asset in Yarmouth, Mass. The total sale price was $26 million and sold to a Canadian based group via one transaction.

JLL Capital Markets appoints Quinn director of the investment and sales advisory retail team

Boston, MA JLL Capital Markets have appointed Alex Quinn as director in the Boston office’s investment and sales advisory retail team. Quinn will report to Chris Angelone, senior managing director, retail group leader and Boston office co-head and partner with director Zach Nitsche.