Federal Realty leases 89,997 s/f
at Assembly Square Marketplace

Somerville, MA Federal Realty has arranged for two furniture retailers, Bob’s Discount Furniture (38,163 s/f) and Raymour & Flanigan (51,834 s/f) to sign leases at Assembly Square Marketplace to join Ashley Furniture and TJ Maxx/HomeGoods in a concentrated destination

O’Brien Commercial represents seller in $1.125m sale of 3,500 s/f restaurant

Acton, MA Braunfels II LLC has sold Filho’s Restaurant and the 3,500 s/f building located at 59 Great Rd. to Gustavo and Eleni Jolon.  Eric O’Brien of O’Brien Commercial Properties Inc.  exclusively represented the seller in this transaction. 

WS Development adds 14 retailers to The Street Chestnut Hill’s 90,000 s/f renovation project

Chestnut Hill, MA WS Development will be opening 14 businesses at The Street Chestnut Hill’s 27 Boylston renovation project. Located at the center of the property, 27 Boylston will consist of nearly 25 new retailers and restaurants, health and wellness concepts

Torrington Properties renews two leases
at Fort Eddy Plaza - 15,270 s/f

Concord, NH Torrington Properties (Torrington) renewed two long-term leases at the Fort Eddy Plaza. Torrington renewed its lease with The Paper Store, a Massachusetts based retailer and the largest family-owned and operated specialty gift store in New England

Institutional Property Advisors brokers sale of
grocery-anchored shopping center for $16.6m

Merrimack, NH Institutional Property Advisors (IPA), a division of Marcus & Millichap, has completed the sale of Merrimack Village Center, an 82,292 s/f neighborhood shopping center anchored by a Shaw’s supermarket. The property sold for $16.6 million.

Jay Nuss Realty closes sale of Squires Restaurant in Hanover - 3,599 s/f

Hanover, MA Jay Nuss Realty Group, LLC handled the sale of the Squires Restaurant, a landmark on Rte. 53 for 40 years. Jay Nuss was the agent who represented the sellers, Paul Squires et al, trustees of The Washington Street Realty Trust.

Horvath & Tremblay completes sale of four retail properties totaling $4.78m

Somersworth, NH Horvath & Tremblay has completed the sale of four retail properties for a total of $4.78 million. Aaron Huntley, Bob Horvath, Todd Tremblay, and Jack Laurendeau of Horvath & Tremblay have completed the sale of Citizens Bank in Somersworth

Reveler Development welcomes Argenta Brewing

Portland, ME Reveler Development welcomes Argenta Brewing – a new, tasting-room style brewery specializing in lagers. Argenta Brewing has taken over the space at 82 Hanover St., with the new operation scheduled to open in spring of 2024.

FoxRock Properties arranges 360,000 s/f lease for Yankee Candle

Hatfield, MA FoxRock Properties, a real estate investment, development, and management firm, have arranged a lease with The Yankee Candle Company, Inc., which now occupies the full building at 142 Elm St. FoxRock acquired the building in 2022

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.