McMahon and Ginsberg of Summit Realty
sell 6,098 s/f restaurant building for $1.4m

Tilton, NH Summit Realty Partners, Inc. arranged the sale of a 6,098 s/f, 135-seat, full-service restaurant building on 3.32 acres. 18 Lowes Dr.(Rte. 3) sold for $1.4 million on June 1, 2023.  Summit Realty Partners, Inc. was approached by the property owner in January 2023 with a requirement to sell or lease the property after discovering that their current tenant was not planning to renew its lease.

Malone Commercial brokers sale of East Brown Cow property to local boutique

Portland, ME East Brown Cow and Malone Commercial Brokers are welcoming the arrival of Bella Funk, a local clothing and gift boutique, to Portland’s historic Old Port. Bella Funk has signed a four-year lease for street-level retail at 43 Exchange St. The 1,717 s/f space is open to the public. The lease was brokered by Pete Harrington of Malone Commercial Brokers. 

Old Corner Christmas to lease 1,245 s/f space

Boston, MA Old Corner Christmas, a holiday-themed gift and Boston souvenir store, has leased space in the historic Old Corner Bookstore complex owned and operated by Historic Boston Inc., the active preservation nonprofit organization, in Downtown Crossing. Old Corner Christmas is owned and operated by New York-based N&F Global Corporation and will occupy 1,245 s/f on the ground floor of 11 School St., on the Freedom Trail. 

Stebbins of The Boulos Company arranges $3.825m sale of 10,717 s/f retail building

York, ME Saint Thomas, LLC purchased 317 U.S. Rte. One from MCG Warren, LLC for $3.825 million. Built in 2022, the property consists of two newly-constructed, freestanding retail buildings totaling 10,717 s/f, leased to O’Reilly Auto Parts and Sherwin Williams. The deal closed on June 5. 

Boston Seaport opens The Project Paulie Bocce Club at The Current

Boston, MA Project Paulie, a community-focused organization dedicated to bringing people together through food and culture and a recurring tenant of the retail incubator The Current, expands its partnership with Boston Seaport to launch its newest venture – The Project Paulie Bocce Club.

New retail concept opens first location - BinStar

Avon, MA A new retail concept — BinStar — is gearing up to help consumers find great deals and save the landfills at the same time. BinStar opened its first store on the South Shore on Sunday, June 18th at 10 a.m. at 20 Stockwell Dr.

Commercial Realty arranges sale of Sundae School to former employees

Dennis, MA Three former Sundae School summer employees have put together a partnership to purchase both Sundae School Homemade Ice Cream locations in Dennisport and Harwich Port on Cape Cod. As teenagers, Michelle White, Michael Kelly and Robert DeMarco worked summers together at Sundae School.

Barnes & Noble opens at Wareham Crossing

Wareham, MA Barnes & Noble is opening a new bookstore location. The location showcases the highly lauded bookstore design seen in the most recent Barnes & Noble store openings. The new Barnes & Noble is located at 2421 Cranberry Hwy., in the Wareham Crossing shopping center, across from Yankee Candle and Cape Cod Coffee.

MassDevelopment provides $1.25m loan to Bisousweet Confections

Leominster, MA MassDevelopment has provided a $1.25 million loan to Bisousweet Confections, LLC to renovate and buy equipment for its new facility at 554 Willard St., where the company relocated in October 2022. The 20,000 s/f facility is four times the size of its previous location in Shirley, providing needed space for the company to expand operations amid a tripling of sales between 2019 and 2022.

DeStefano & Associates, Inc. and TK Architect begin construction on two Aroma Joes

Seabrook, NH DeStefano & Associates, Inc. (DAI) has begun the construction of a ground up 900 s/f Aroma Joe’s at 270 Lafayette Rd. TK Architects is the architect. Anticipated completion is December 2023.