Retail
Northeast Private Client Group represents $2.2m sale of two mixed-use properties
Holliston, MA Northeast Private Client Group (NEPCG) has completed the sale of 85 Central St. mixed-use property in Holliston and 185-187 Main St. mixed-use property in Maynard, Mass. Senior associates Drew Kirkland, Francis Saenz, and Jim Casey represented the sellers and procured the buyers for both transactions.
Waldman of Waldman & Associates sells ground lease with CVS
for $2.35m and $1.35m property for future dispensary
Norton, MA Dan Waldman of Waldman & Associates sold a ground lease with CVS as a tenant at 35 West Main St. for $2.35 million which comes to a 4.7 cap rate. This sale was done in concurrence of CVS’ decision to extend their ground lease through January 2041.
Capital Group Properties arranges 3,000 s/f lease for Club Champion
Northborough, MA Club Champion, the leading provider of custom golf club fittings, has signed a lease for a new location at Northborough Crossing, a premier open-air retail development. Capital Group Properties arranged the lease signing for Club Champion. Club Champion will occupy 3,000 s/f, and the new studio is anticipated to open by late summer.
Atlantic Capital Partners have added Suffoletto, Griffin, and Hovey to its team
Boston, MA Atlantic Capital Partners have added Eric Suffoletto, Danny Griffin and Tom Hovey to its team. Suffoletto joins the firm as a partner and managing director, Griffin joins as a vice president and Hovey joins as senior associate. Suffoletto has worked on the disposition, acquisition, or recapitalization of hundreds of net lease retail, industrial, office, and strip centers throughout the country.
“Project: Pop-Up” comes to Burlington 3rd Avenue
Burlington, MA Burlington’s Economic Development Office has partnered with UpNext and Nordblom Properties to offer temporary retail space for the months of May and June for emerging brands at 3rd Ave. The initiative entitled, “Project: Pop-Up,” offers entrepreneurs with fresh ideas an opportunity to test out premium retail space to experiment and expand their concepts.
Simon Property Group opens 15 stores at Wrentham Village Premium Outlets
Wrentham, MA Simon Property Group has opened 15 new stores at 1 Premium Outlet Blvd., the Wrentham Village Premium Outlets. In 2023, the center looks forward to the expansion, renovation, and relocation of several globally recognized brands who have made the outlets their home. Versace, Radley London, Lindt Chocolate, and West Elm are among the 15 stores to open at the Wrentham Village Premium Outlets in 2022.
Horvath & Tremblay completes sale of two properties for $5.96m
Fairhaven, MA Horvath & Tremblay has completed the sale of two properties for a total of $5,957,158. Todd Tremblay and Bob Horvath of Horvath & Tremblay have completed the sale of Fresenius Medical Care in Fairhaven. Horvath and Tremblay exclusively represented the seller to complete the transaction at a sale price of $4,157,158. Fresenius is located at 216 Huttleston Ave.
Richetelli of Colonial Properties completes 2,100 s/f seven year lease
Orange, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., represented the landlord, Crossroads Associates, LLC, in the seven year lease of 2,100 s/f office/retail space located at 263 Boston Post Rd. The tenant, IVXpress, Inc., opening its third location in Connecticut
Rowan piercing studio debuts at Legacy Place
Dedham, MA Ear-piercing studio, Rowan, makes its Massachusetts debut with its opening at Legacy Place. Rowan brings safety to the forefront with their team of licensed nurses and stylish hypoallergenic jewelry and believes that ear piercing is a milestone moment that should always be accessible, enjoyable and safe.
ICON Architecture designs 53,340 s/f performing arts center
at 201 Main Street - Nashua Center for the Arts
Nashua, NH Boston-based ICON Architecture has been the lead architect for the Nashua Center for the Arts, the newly completed 53,340 s/f performing arts center, art gallery, and event center at 201 Main St. The center was created as part of a local economic development effort by the city and will begin hosting performances, art shows, and events beginning April 1st.