Retail

RK Centers acquires open-air retail property for $13.825 million

Manchester, NH RK Centers has completed the acquisition of the open-air retail property at 777 South Willow St. The building consists of 74,935 s/f on 11.85 acres and is home to two blue-ribbon tenants, Burlington Stores and Michaels. The purchase price was $13.825 million.

JLL arranges $21.5m acquisition financing for Shops at Riverwood

Hyde Park, MA JLL Capital Markets has arranged $21.5 million in acquisition financing for Shops at Riverwood, a 78,000 s/f, fully leased retail center anchored by Price Rite Marketplace.

Halprin of New England Retail Properties, Inc. represents Philips International in 9,500 s/f lease to Goodwill Retail Store

Pittsfield, MA Matt Halprin of New England Retail Properties, Inc. represented Philips International in leasing the former Big Lots space located at Allendale Shopping Center to Goodwill Retail Store & Donation Center.

Horvath & Tremblay completes sale of three retail properties in New England for a total of $15.4 million

Plaistow, NH Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $15.4 million. Bob Horvath and Todd Tremblay of Horvath & Tremblay completed the sale of Walgreens in Plaistow, N.H.

Aerie to debut a dedicated store at Derby Street Shops this fall

Hingham, MA According to WS Development, Aerie will debut a dedicated store at Derby Street Shops this fall. Aerie is committed to creating exceptional merchandise collections while positively influencing the way women see themselves

LEGOLAND Discovery Boston to undergo $12 million renovation

Somerville, MA Opening in spring 2023, LEGO Discovery Center Boston will give families across the northeast the opportunity to experience the next generation LEGO Discovery Center following a $12 million renovation.

Workbar to open new location in Woburn, MA

Woburn, MA Workbar, the leading coworking operator in Mass., will soon be cutting the ribbon on its newest location in Woburn. At 22,000 s/f, Workbar Woburn will be a cutting-edge workplace option for major firms

WS Development unveils renovation plans for The Street Chestnut Hill: 27 Boylston

Chestnut Hill, MA WS Development has unveiled extensive renovation plans for The Street Chestnut Hill: 27 Boylston, located in the center of the property. It will be revitalized to create architectural intrigue and new uses that will set the property up for even more growth.

Marcus & Millichap arranges sale of a 18,159 s/f retail property

Acton, MA Marcus & Millichap has completed the sale of Circle Furniture Center, a 18,159 s/f retail property, according to Thomas Shihadeh, regional manager of the firm’s Boston office.

Richetelli and Vitti of Colonial Properties complete four leases

East Haven, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc.,the firm has completed the following transactions. Richetelli, represented the landlord, Partners 95, LLC, in the leasing of 1,757 s/f