Retail
East Brown Cow and Malone leases 5,532 s/f to Madewell at 75 Market St.
PORTLAND, ME East Brown Cow and Malone Commercial Brokers has signed a five-year lease with Madewell for a retail storefront at 75 Market St., scheduled to open soon. The 5,532 s/f space looks on to Post Office Park at the corner of Market and Middle St.
Untold Brewing opens new location with brewery & restaurant at Derby St. Shops
Hingham, MA Weeks after celebrating its fifth anniversary,Untold Brewing has opened its second location at Derby St. Shops. Operated in partnership with Clandestine Kitchen (CK), the South Shore based private chef service and home meal delivery company, the new location features a rotating selection of Untold’s beer alongside CK’s menu of scratch made items, featuring organic, locally sourced ingredients.Untold’s Brewery & Restaurant opened at Derby St. on November 11th.
Horvath & Tremblay sells three properties in New England for $8.4 million - including $3.65 million sale of Berkshire Bank
West Hartford, CT Horvath & Tremblay has completed the sale of three properties in New England for a total of $8,415,434. Bob Horvath, Todd Tremblay and Matt Nadler of Horvath & Tremblay sold a Berkshire Bank at 927 Farmington Ave. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $3.65 million.
Saulnier of MANSARD completes $5.8 million sale of Parkhill Plaza
Fitchburg, MA Taylor Saulnier, CCIM of MANSARD facilitated the sale of Parkhill Plaza, a 55,000 s/f retail center in for $5.8 million. MANSARD represented the seller, Aubuchon Realty Company and the buyer, A1Q Park Hill Plaza via a private sale process.
Heald joins CBRE as exec. vice president
BOSTON, MA Industry veteran Nat Heald has joined CBRE Capital Markets as executive vice president to focus on institutional sales of retail assets.
Armageddon: Not yet - by Carol Todreas
Over and over again since the pandemic, there have been continued predictions that brick and mortar retail would take its final hit, leaving all of us consumers with the simple joys of internet consumption. No one could have foreseen the changes influencing retail since those days of lockdown.
Atlantic Capital Partners sells 150,984 s/f Campus Plaza and 233,008 s/f At Rockingham Park Mall
Salem, NH Atlantic Capital Partners has sold two retail properties. Atlantic Capital Partners negotiated the sale of At Rockingham Park Mall, a former Sears anchor to Rockingham Park Mall. Justin Smith, head of capital markets; Sam Koonce, associate; and Cole Van Gelder, analyst; oversaw the transaction which had Atlantic Capital Partners exclusively representing the seller.
Allagash Brewing Co. to open guided tasting experience: The Cellars
Portland, ME Allagash Brewing Company is opening The Cellars, a tasting space at the brewery’s home. The Cellars will allow guests to sample, and learn about, small-batch beers. The space is slated to open November 26 in the section of the brewery where Allagash founder Rob Tod brewed his first-ever batches of beer.
Casey and Stewart of SR Comm’l. sell 20,416 s/f Ludlow Crossing Pl.
Ludlow, MA Jeremy Casey and Isaac Stewart of SR Commercial brokered the sale of 483-487 Holyoke St., also known as the Ludlow Crossing Plaza.
gorjana to debut stores at Derby Street Shops and The Street Chestnut Hill
Hingham, MA gorjana, a fast-growing jewelry brand known for its laid-back style, will be opening two new stores in Massachusetts, at WS Development’s Derby Street Shops and The Street Chestnut Hill. Since the brand’s Boston debut last fall, gorjana’s expansion across Massachusetts will allow more customers to shop the nationally-recognized brand’s popular designs.