Retail

Shea Commercial Properties brokers $1.975m sale of Red Tavern

Methuen, MA Shea Commercial Properties Inc., has completed the sale of the famous historic Red Tavern building along with the historic Masonic Lodge building located in Methuen Sq.

Saugatuck Commercial Real Estate handles 8,000 s/f lease to Terra Gaucha

Westport, CT Saugatuck Commercial Real Estate (SCRE) represented Terra Gaucha in leasing their first Connecticut location. Terra Gaucha is a Florida based Brazilian barbecue restaurant where meat is prepared

JLL Capital Markets closes on $39.5 million sale of Saugus Plaza

Saugus, MA JLL Capital Markets has closed the $39.5 million sale of Saugus Plaza, a 165,800 s/f neighborhood shopping center anchored by Stop & Shop Supermarket and Floor & Decor. JLL represented the seller, Federal

The Bulfinch Companies and Harrison Street acquire Neiman Marcus store at Natick Mall

Natick, MA An affiliate of The Bulfinch Companies, Inc., and Harrison Street have completed the acquisition of the Neiman Marcus department store property located at 310 Speen St. at the Natick Mall.

Tri Town Retail Advisors leases 1,687 s/f to Empower on Haven at 190 Haven St.

Reading, MA Empower on Haven is the city’s newest business in downtown at 190 Haven St., leasing 1,687 s/f. The store serves up health-focused teas, shakes, coffee, and kids’ drinks that range in

Halprin of New England Retail Props. handles $1 million sale of 1,900 s/f 7-Eleven store

Glastonbury, CT Matt Halprin of New England Retail Properties, Inc. has sold the former 7-Eleven gas station convenience store located at 3041 Main St. for $1 million. The sale closed on December

Koury and Cohan of Institutional Property Advisors complete $14.65 million sale of 56,832 s/f Stop & Shop supermarket in Belchertown, MA

Belchertown, MA Institutional Property Advisors (IPA), a division of Marcus & Millichap, has completed the sale of a 56,832 s/f Stop & Shop supermarket. The property sold for $14.65 million, which

Malone Commercial Brokers handles $20 million sale of Mallside Plaza - a 118,422 s/f, 2.9 acre retail center at 198 Maine Mall Rd.

Portland, ME Malone Commercial Brokers has completed the $20 million sale of Mallside Plaza, a 118,422 s/f, 2.9 acre retail center at 198 Maine Mall Rd., situated off I-295 and the Maine Tpke.

Wayfair to launch brick & mortar for AllModern and Joss & Main at MarketStreet Lynnfield, Legacy Place and Burlington Mall

Dedham, MA Wayfair Inc. will open its next brick-and-mortar retail stores in the coming year, bringing two of its specialty retail brands to life in 2022 with three stores located in Massachusetts. AllModern will open its first store at MarketStreet Lynnfield followed

Atlantic Capital Partners sells Highland Plaza for $25.5 million

Easton, MA Atlantic Capital Partners has negotiated the sale of Highland Plaza, a 112,869 s/f grocery-anchored shopping center. This 96% leased center is anchored by Big Y, a 56,519 s/f grocery store formerly occupied by Hannaford and includes 11 additional retail tenants. Justin Smith, head