Retail

WS inks 24 new retail leases, many of which are first to market

Newton, MA According to local developer WS Development, retail in Massachusetts is booming. WS’s four suburban outdoor lifestyle destinations have record low vacancy rates, with 24 new lease

Finalization of financing and construction begins at Allston Yards

Allston, MA Allston Yards is a project of Stop & Shop with New England Development as master developer, in partnership with Bozzuto and Southside Investment Partners.

Jersey Mike’s donates $300,000 to support Wreaths Across America

Columbia Falls, ME National non-profit Wreaths Across America (WAA) said that Jersey Mike’s Subs has made a $300,000 donation to support a matching campaign from Nov. 15–30, 2021,

Aldi’s breaks ground on new 21,000 s/f store at Walpole Mall

Walpole, MA According to Dan Waldman,  Aldi’s has begun their build-out for a new store in the Walpole Mall. The 21,000 s/f space was formerly occupied by Office Depot. For the last several

Gagnon, Hunt, and Cafasso of Colliers sells Family Dollar store site

West Hartford, CT Colliers Hartford negotiated the sale of a single tenant Family Dollar store located at 939 New Britain Ave. Phil Gagnon, Ian Hunt, and John Cafasso of Colliers represented the seller.

B+E brokers sale of Boston MSA Domino’s property for $1.9 million

Lowell, MA B+E, the first brokerage and technology platform for net lease real estate, completed the sale of the Domino’s property located at 71-73 Mammoth Rd. for $1.9 million.

Summit Realty finalizes $9.3 million sale of Rivers Edge Plaza

Haverhill, MA Summit Realty Partners, Inc. has completed the sale of Rivers Edge Plaza. The 64,655 s/f shopping center on 7.14 acres sold for $9.3 million ($144 per s/f). River’s Edge Plaza is shadow anchored by Market Basket and benefits from its location on Rte. 97

Starbucks first Malden location opens to public at Exchange 200

Malden, MA According to Boston-based real estate developer Berkeley Investments and mayor Gary Christenson, Starbucks first city location has officially opened at Berkeley’s Exchange 200. The new cafe supports Starbucks plans

JLL sells Lowe’s-anchored retail center for $20.25 million - Heald and Angelone represent the seller, Davenport Companies

Wallingford, CT JLL Capital Markets has closed the $20.25 million sale of Lowe’s Plaza, a fully leased, 160,000 s/f retail center anchored by Lowe’s Home Improvement.

Mace of KeyPoint Partners negotiates Planet Fitness lease at Capitol Shopping Center in Augusta, ME

Augusta, ME KeyPoint Partners (KPP) negotiated a lease with a major multi-state licensee of Planet Fitness at Capitol Shopping Center. Vice president of leasing Don Mace represented the landlord in the transaction.