Retail

Miltons to open at the Burlington Mall

Burlington, MA According to Simon, a global leader in premier shopping, dining, entertainment and mixed-used destinations, Miltons The Store for Men will open their third Massachusetts store at Burlington Mall this fall.

Herrick Lutts Realty Partners brokers sale of 2,654 s/f retail building

Beverly, MA Situated at the base of the off ramp of Rtes. 128 North and South, 16 Dodge St. has sold. The sale price was not disclosed. Herrick Lutts Realty Partners at Keller Williams Realty represented the seller,

Amodio & Co Real Estate handles 6,224 s/f lease to The Gift Group

Bristol, CT Amodio & Co Real Estate has completed the long-term lease of 6,224 s/f of restaurant space at 224 North Main St., to Canadian headquartered, The Gift Group.  With facilities in Canada, New York & India,

Crosspoint Associates purchases 81,702 s/f Amherst Shopping Center

Amherst, MA JLL Capital Markets has closed the sale of Amherst Shopping Center, an 81,702 s/f shopping center anchored by Big Y Supermarket and CVS. JLL marketed the property on behalf of the seller. Crosspoint Associates, Inc.

Calabrese of R. Calabrese Agency sells one acre retail site for $700,000

Waterbury, CT Ralph Calabrese of R. Calabrese Agency, LLC was the sole broker in the sale of 213 Chase Ave.  The one acre parcel was occupied by a 2,700 s/f vacant former fast food restaurant which has been closed  for years.

Competitive capital markets available for NNN properties - by Peter Tousignant

Investor and lender demand for quality real estate remains strong, with much attention often focused on the multifamily and industrial asset classes. At the same time, investors are also targeting single-tenant net leased retail properties here in New England and nationally, and senior debt providers are happy to follow.

Bottleneck Management to open City Works Eatery & Pour House

Watertown, MA Chicago-based Bottleneck Management plans the forthcoming opening of City Works Eatery & Pour House at 91 Arsenal Yards Blvd. in the Arsenal Yards development. Slated to open to the public on March 13,

Laronga Realty Partnership sells 599 Somerville Ave.

Somerville, MA Laronga Realty Partnership completed the sale of 599 Somerville Ave., to 599 Somerville Ventures, LLC, managed by Rafi Properties, LLC. The 21,908 s/f mixed-use site was home to La Ronga Bakery & Delicatessen, a family-owned

McMahon and Ginsberg of Summit Realty handle 8,125 s/f new lease

Nashua, NH Summit Realty Partners, Inc. has completed a new lease transaction at 443 Amherst St. Dollar Tree Stores, Inc. has signed a lease for a 8,125 s/f free standing retail store scheduled to open in spring/summer of this year.

RK Centers acquires two retail properties for $7.075 million

Needham, MA According to Ken Fries, director of leasing, acquisitions and development for RK Centers, the company has continued to grow its New England retail portfolio with the acquisition of two properties along the Highland Ave./Needham St. retail corridor.