Retail

Cushman & Wakefield research shows U.S. retail vacancy reaches new low in Q4 2022

Boston, MA Retail shopping center real estate markets remained strong in the fourth quarter of 2022, as resilient demand drove shopping center vacancy to its lowest level on record—dating back to 2007 according the Cushman & Wakefield research.

First National Realty Partners acquires Bishops Corner - brokered by Newmark

West Hartford, CT Newmark has completed the sale of Bishops Corner, a Target-anchored mixed-use asset. Newmark vice chairman Geoffrey Millerd of the firm’s Boston Capital Markets group’s retail practice represented the seller and procured the buyer, First National Realty Partners.

injeanius opens at the Seaport’s The Superette

Boston, MA Local fashion guru and business owner, Alison Barnard O’Brien, will open her new denim bar and style lounge. injeanius is the first female-owned, local business to open at The Superette, the Seaport’s newest retail and dining destination.

New England Retail Properties, Inc. complete two new Tractor Supply Co. stores

Enosburg Falls, VT New England Retail Properties, Inc. CEO Matt Halprin announces that two of their subsidiaries have completed the ground up development of two new Tractor Supply Co. Stores in Enosburg Falls, VT and Somersworth, NH.

Atlantic Capital finalizes sale of former Sears at Pheasant Ln. Mall

Nashua, NH Atlantic Capital Partners has completed the sale of the former Sears parcel at the Pheasant Lane Mall, a 12.25 acre site and one of the main anchor to the property. Justin Smith, head of capital markets, Sam Koonce, associate, and Cole Van Gelder, analyst, oversaw the transaction which had Atlantic Capital Partners exclusively representing seller securing the buyer.

Mace of KeyPoint Ptrs. negotiates 1,990 s/f lease to Jersey Mike’s

Bourne MA KeyPoint Partners negotiated a lease with Jersey Mike’s Subs for a 1,990 s/f space at Bourne Bridge Crossing.

Chicken & The Pig opens restaurant at MarketStreet Lynnfield

Lynnfield, MA The popular North Shore based food truck, Chicken & The Pig, which has won over tens of thousands of guests over the past year for its cult worthy hand breaded chicken cutlet sandwiches, specialty gourmet hot dogs and mouth-watering sides, has opened its first-ever brick and mortar restaurant at MarketStreet Lynnfield.

Grossman Development signs Old Navy to 12,500 s/f at JFK Plaza

Waterville, ME Grossman Development Group (GDG) has signed Old Navy to a long-term lease at JFK Plaza. The property has undergone a significant redevelopment over the past three years through property improvements and leasing activity.

Big Heart Hospitality’s Tenderoni’s Fenway location now open

Boston, MA Tiffani Faison, celebrated chef, restaurateur and TV personality, and her Boston-based restaurant group, Big Heart Hospitality, has opened a new restaurant, Tenderoni’s, in the city’s Fenway neighborhood.

Horvath & Tremblay sells four retail properties in New England for $8.44 million

Medford, MA Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $8.44 million.