Retail

Vernet Properties acquires 245,000 s/f - renovates/renames Belknap Marketplace

Belmont, NH Vernet Properties, Inc. purchased the 245,000 s/f retail shopping center at 96 Daniel Webster Hwy. (Rte. 3) in southern sector of the N.H. Lakes region and near Lakes Winnisquam and Winnipesaukee.

French Team of Marcus & Millichap brokers $3 million sale of 34,200 s/f

Taunton, MA Marcus & Millichap sold 82 Taunton Depot Dr., a 34,200 s/f retail property, according to John Horowitz, first VP/division manager of the firm’s Westchester office. The asset sold for $3 million.

Summer Street Crossing engages Kripper Studio to enhance retail plaza

Chelmsford, MA Summer Street Crossing, LLC has engaged Kripper Studio to update and enhance The Shoppes at Summer Street Crossing, the retail plaza located at 7 Summer St., near Lowell. Work is to begin immediately and be completed by August.

Quantum Real Estate Advisors brokers $8.3 million sale of 14,820 s/f Walgreens

Lakeville, MA Quantum Real Estate Advisors, Inc., has brokered the $8.3 million sale of a 14,820 s/f single-tenant Walgreens. There were 10 years remaining on the original 25-year Walgreens lease at the time of sale.

Wickey of Saugatuck Commercial Real Estate leases to Bobbles & Lace

Hingham, MA Saugatuck Commercial Real Estate (SCRE) represented Bobbles & Lace in leasing their most recent location at 84 North St. Bobbles & Lace (B&L) has nine locations: SCRE brokered their first in Connecticut - Bedford Sq., Westport. Other stores are located

Alamo Drafthouse Cinema to open in Seaport

Boston, MA Alamo Drafthouse Cinema plans for its first-ever New England location. Alamo Drafthouse Boston Seaport is a 10-screen theater with 767 seats and will feature a mix of first-run films and curated specialty programming, a made-from-scratch food and beverage menu, and luxury

Vidal/Wettenstein closes sale of 58,200 s/f Spinelli Plaza Shopping Center

Stratford, CT Spinelli Plaza Shopping Center has been sold. The sales price was $8.2 million. The property consists of three buildings totaling 58,200 s/f on 4+ acres and sits at the major intersection of Barnum Ave. and Main St. The complex is occupied by several retail establishments

Horvath & Tremblay sells four retail properties in New England totalling $7.838 million

Easton, MA Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $7.838 million. Bob Horvath, Todd Tremblay and Brian Ahrens of Horvath & Tremblay have completed the sale of Starbucks. Horvath & Tremblay exclusively

Atlantic Capital Partners sells three grocery-anchored centers for $84.175 million - including Stop & Shop, Big Y and Shaw’s Supermarkets

Kingston, MA Atlantic Capital Partners has negotiated the sale of three institutional-quality grocery-anchored shopping centers located in Metro Boston. The portfolio is located in three communities along the southern coast of Massachusetts and consisted of the Stop & Shop in Abington, Big Y World Class Market

CBRE sells 96,691 s/f Newington Westfarms Center for $26.4 million on behalf of the owner, Tartaglia Commercial Properties

West Hartford, CT CBRE brokers the $26.4 million sale of Newington Westfarms Center, a 96,691 s/f property in West Hartford and Farmington. The CBRE team of Jeffrey Dunne, David Gavin and Peter Furest, in conjunction with Don Cafero of JLL, represented the owner,