Retail
East Brown Cow and Malone Commercial arrange 2,126 s/f seven-year lease
Portland, ME East Brown Cow and Malone Commercial Brokers have arranged for Rough & Tumble to sign a seven-year lease at 178 Middle St., bringing a popular local retailer to the heart Old Port following their decision to again locate a “flagship store”. The 2,126 s/f space is located on the ground floor of the brick building at the corner of Market and Middle Sts.
MassDevelopment with RCB provides $6.57m loan for mixed-use renovation
Lawrence, MA MassDevelopment has partnered with Reading Cooperative Bank (RCB) to provide $6.57 million in loan financing to 115-125 Essex Street LLC, an affiliate of Jowamar Companies, to buy, renovate, and convert two vacant contiguous buildings at 115-123 Essex St. and 125 Essex St. into a new single five-story mixed-use building.
Conway Development and Palm Coast Capital arrange the development of new Tractor Supply location
North Conway, NH Matt Halprin, principal of Conway Development Partners, has arranged for the development of a new Tractor Supply location. The location is at the roundabout off of North South Rd. directly across from the new entrance to Settlers Green Outlets and Market Basket . This will be Tractor Supply’s 21st store in New Hampshire.
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Mid-Year Review!
Check out NEREJ's Mid-Year Review!
Casey of Sweeney Real Estate & Appraisal arranges $865,000 sale for Providence Barbell Club new location
Providence, RI Providence Barbell Club, LLC purchased 479 Washington St. for $865,000. The 4,934 s/f building with the associated parking area will serve as the clubs new location. Providence Barbell Club was located at 715 Branch Ave.
The Boulos Company arranges $1.35m sale
for Portland Art Gallery
Portland, ME Portland Art Gallery owner, Kevin Thomas, and gallery director, Emma Wilson, purchased 154 Middle St. for $1.35 million from Peak 5 Equities, LLC. They have operated in this location since 2011. Greg Boulos of the Boulos Company represented 154 Art Ventures, LLC in the transaction.
Insa Cannabis opens fifth location at
20 Stockwell Drive in Avon, MA
Avon, MA Insa, Inc., an independent, Massachusetts-based medical and adult-use cannabis company, has opened its fifth cannabis dispensary in Massachusetts. This medical dispensary will be Insa’s first location on the South Shore. Committed to offering the broadest selection of crafted, premium cannabis products,
Commercial Realty sells Chatham Boat Company
Chatham, MA Chatham Boat Company, a renowned full-service boatyard, founded by Paul Avellar and Paula St. Pierre in 2002, has recently sold. The sale of Chatham Boat Company, Beachcomber Boat Tours, and the real estate located at 174 Crowell Rd. was finalized on May 22. Coordinating the sale was Brad Kuhrtz and Craig Campbell, both of Commercial Realty Advisors.
McMahon and Ginsberg of Summit Realty
sell 6,098 s/f restaurant building for $1.4m
Tilton, NH Summit Realty Partners, Inc. arranged the sale of a 6,098 s/f, 135-seat, full-service restaurant building on 3.32 acres. 18 Lowes Dr.(Rte. 3) sold for $1.4 million on June 1, 2023. Summit Realty Partners, Inc. was approached by the property owner in January 2023 with a requirement to sell or lease the property after discovering that their current tenant was not planning to renew its lease.
Malone Commercial brokers sale of East Brown Cow property to local boutique
Portland, ME East Brown Cow and Malone Commercial Brokers are welcoming the arrival of Bella Funk, a local clothing and gift boutique, to Portland’s historic Old Port. Bella Funk has signed a four-year lease for street-level retail at 43 Exchange St. The 1,717 s/f space is open to the public. The lease was brokered by Pete Harrington of Malone Commercial Brokers.
