Retail

Securing the storefront: How companies are tackling increasing retail theft - by Scott MacNeil

Retail crime, and specifically organized retail crime, is on the rise in major markets throughout the United States. In 2022, the National Retail Federation reported a loss of $112 billion, up from $99.3 billion in 2021. In addition to profit loss, many retailers are seeing increased operating costs for private security, and some large national retailers have even fled longstanding locations

Bulfinch and Bosse Sports bring
indoor pickleball to 97,000 s/f facility

Natick, MA An affiliate of The Bulfinch Companies, Inc. (Bulfinch), a commercial real estate and investment firm, is collaborating with Bosse Sports, to bring a pickleball complex and culinary destination to 310 Speen St. Bosse Sports owner DJ Bosse and partner/chef Chris Coombs merge athletic facilities with award-winning culinary expertise

Horvath & Tremblay sells Starbucks and Santander building for $5.95m

Acton, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a Starbucks professional building and a Santander Bank. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $5.95 million. 

Press|Cuozzo facilitates 2,500 s/f
lease of free-standing retail building

Hamden, CT Stephen Press, SIOR and co-principal of Press|Cuozzo Commercial Services has completed the signing of a lease at 2345 Whitney Ave. Located in the town’s CBD, the 2,500 s/f free-standing building of-fers multi-level interior spaces and a large outside patio. The building is part of the Hamden Center Campus

Lyman Real Estate brokers two
retail space transactions - $425,000

Clinton, CT The building at 5 and 7 East Main St., has been sold. Lyman Broker & Development associate Sam Lyman represented both the sellers and buyer Ace Andaleeb in the $425,000 transaction. The property includes two first-floor retail spaces, a 1,232 s/f space that used to house a dance studio

PCA completes design for renovation of Saltie Girl in the Back Bay

Boston, MA Architecture, planning and interiors firm PCA, Inc. completed design for the recent renovations of the award-winning seafood restaurant, Saltie Girl in the Back Bay neighborhood. The design expresses restaurateur Kathy Sidell’s Saltie Girl brand and her lifelong love for the ocean.

KeyPoint Partners assumes leasing and management at Parkade Plaza

North Adams, MA KeyPoint Partners (KPP) is handling property management and leasing for Parkade Plaza, a 127,626 s/f retail center in an historic community bordering Williamstown, within sight of Mount Greylock in the Berkshires. KPP was awarded the contracts by the new owner.

CBRE negotiates $23 million sale of
250,000 s/f retail complex - Riverway Plaza

Weymouth, MA CBRE has completed the $23 million sale of Riverway Plaza, a 250,000 s/f retail center located at 715-795 Bridge St. An institutional investor acquired the retail property in metro-Boston from CBRE Investment Management. 

McMahon and Ginsberg of Summit
Realty bring 240 Loudon to 100% leased

Concord, NH Summit Realty Partners, Inc. has arranged a lease with H&R Block which brings this 17,900 s/f modern retail strip center to 100% leased. This property is in the Concord Heights section and is shadow anchored by Shaw’s Supermarket and the Steeplegate Mall which is proposed to be redeveloped into a mixed-use property

DeStefano & Associates Inc. takes on multiple retail construction projects

Lee, NH DeStefano & Associates, Inc. (DAI) will be working on the following construction projects: DeStefano & Associates, Inc. has been granted the design and construction of a 3,500 s/f building addition for Aubuchon Hardware in Lee. Anticipated start is August 1st. Architect is RHA Ronald Henri Albert located in Lunenburg, MA.