Retail

Lyman Real Estate brokers two sales totaling $1.25 million

Bloomfield, CT The building originally built for Party City at 854 West Main St., Rte. 1, Branford, has been sold, according to Ron Lyman, CCIM, CEO of Lyman Real Estate. Lyman was the agent for the buyer, Nikita Wang of LA-IN-USA, LLC, of Guilford. The seller, Sangita Gopani of Branford Realty Trust, LLC, was represented by Jeffrey Kravet of Kravet Realty. The sale price for the 9,331 s/f building on 1.29 acres

The Lannan Company receives approval for 17,900 s/f Flagstone Crossing

Hudson, NH The Lannan Company, Inc. received full planning board approval on November 6th for the development of Flagstone Crossing, a new 17,900 s/f single-story retail shopping center located at 2 Flagstone Dr.  Starbucks (2,200 s/f) and DCU (5,000 s/f) have already signed leases, with several other tenants in negotiation. 

Cambridge Savings Bank hires Bobbin

Cambridge, MA According to Cambridge Savings Bank (CSB), one of the oldest and largest community banks in Mass., John Bobbin, first vice president, senior asset-based lending officer, has joined its asset-based lending team, which sits under CSB’s well-established corporate banking division. 

Holiday shopping trends: The resurgence of brick and mortar - by Lindsey Goodrich

This year’s holiday season is looking favorable for retailers. With the economy, household incomes and employment levels holding steady, ICSC is anticipating a 4.9% increase over last year’s $832.3 billion holiday sales. The average American adult is expected to spend nearly $700 on holiday

DiPrete Engineering begins construction on 4,600 s/f Seasons Corner Market with The Torrey Co., Ayoub Engineers, Vanasse & Associates and MHF Design Consultants

Salem, NH Seasons Corner Market has teamed up with The Torrey Co., DiPrete Engineering, Ayoub Engineers & Architects, Vanasse & Associates, Inc., and MHF Design Consultants, Inc. to design and construct its newest store.

Poyant names Dion senior account executive

New Bedford, MA Poyant, a sign manufacturer and branding specialist serving local, regional and national organizations, has named Raymond Dion, senior account executive. In this position, Dion is responsible for growing their business in the Rhode Island market, helping these businesses to build their branding packages.

Modern Acupuncture opens first Rhode Island clinic - 1,175 s/f

Cranston, RI Modern Acupuncture, the first franchise to make the natural health and beauty benefits of acupuncture available to people in an accessible and affordable way, is now open in Garden City Center. This clinic marks the first location to open in Rhode Island, only the second location in New England, and the 50th in the nation.

Waldman & Associates completes leases in Walpole totaling 5,571 s/f

Walpole, MA Dan Waldman of Waldman & Associates has sold four buildings and has completed multiple leases. Waldman is the exclusive broker for the Walpole Mall and A1 Marketplace, two of the largest retail plazas in the town.  With the demise of Papa Gino’s at the Walpole Mall, Waldman quickly leased the former 2,671 s/f

Project of the Month: Phase Zero Design leads design and execution of new Nouria Energy flagship convenience and filling center

Boston, MA When Nouria Energy approached Phase Zero Design with a development proposal issued by Massport for a new Logan Airport filling and convenience center, the Hingham-based Architectural Design firm stepped right up to the challenge. Partnering with Bohler

November Retail Spotlight: ICSC's New York Deal Making Conference

New York, NY ICSC’s annual New York Deal Making is the premier retail real estate networking and professional development event in the city. Over the course of three days, the retail real estate community gathers