Mansfield, MA Newmark orchestrated the $25 million sale of 377 Chauncy St., a 74,383 s/f shopping center master leased by Stop & Shop. Newmark co-head of U.S. capital markets Robert Griffin, vice chairman Geoffrey Millerd and director Paul Penman, in cooperation with managing director Mat Adler, of the firm’s Boston and Mid-Atlantic capital markets groups represented the seller and procured the buyer, Bailard Real Estate Fund.
Hartford, CT Andrew Hale of O,R&L Commercial, LLC has leased 3,000 s/f retail space. The space is located at 408 New Britain Ave. and is part of a one-story, 14,000 s/f retail plaza. The location was formerly occupied by a furniture store. Hale represented the owner, Brothers Investments, LLC, and the tenant, NBA Discount Liquors.
CALABASAS, CA Daniel Taub has joined Marcus & Millichap as a senior vice president and national director of its retail division. Taub has over 25 years of experience in the retail sector. He most recently served as managing director for DMT CRE Advisors, a New York-based commercial real estate advisory firm.
Hanover, MA The new Previte’s Marketplace project, located at 283 Columbia Rd., is set to provide a new locally sourced market center for the South Shore community. The Marketplace was designed by Bechtel Frank Erickson Architects Inc. and being built by P-Three Project Management (P3). The Marketplace intends to offer diverse foods from merchants, including meat/butchery, seafood, bakery/bread, pizza, and ice cream.
Hingham, MA – Derby Street Shops is celebrating local businesses this holiday season with the arrival of four pop-ups. Sports art and apparel store, I Love Boston Sports, is now open and women’s fashion retailer, Cattivo, Cape Cod beach brand Wears Woody, and returning fan-favorite surf shop, Levitate, will debut in the coming weeks. This special community-centric combination of retail comes in perfect time for holiday shopping and will showcase a variety of offerings and gifts, from high-end fashion and must-have accessories to unique sports art and cold weather essentials.
Methuen, MA According to Summit Realty Partners, Crumbl Cookies has signed a lease and opened a new store at The Loop. Crumbl Cookies leased a 1,776 s/f end-cap space formerly occupied by Starbucks prior to Starbucks relocating to a freestanding building in the same shopping center.
Tilton, NH C-Store Investments, LLC (CSI) is a Northeast based consulting firm that provides advisory services to the convenience store and retail petroleum industry. CSI has provided advisory and transactional services to George C. Stafford and Sons, Inc. on the sale of two of their convenience stores to TEJYASH, LLC. Particularly, CSI handled the sale process of two convenience retail stores with gasoline in Tilton and Hillsborough, N.H.
Boston, MA As part of its exponential growth since COVID-19, beauty disruptor and innovative hair color line, Madison Reed, is putting down roots in the city with its first free-standing retail store and an all-new concept for the brand — The Madison Reed Mini Bar. The Mini Bar opened November 13
th, and is part of Boston Seaport’s now iconic retail incubator, The Current.
Fairfield, CT The former site of Joe’s American Bar & Grill Restaurant has sold for $3.905 million, according to Jon Angel, president of Angel Commercial, LLC. The deal included the adjacent land at 42 Eliot St., where Colonial Haircutters continues to operate. Collectively, the properties have 305 linear feet of frontage on the Post Rd.
Milford, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the company has completed the following transactions: • Richetelli was the sole broker in the leasing of 1590 Boston Post Rd., a 2,700 s/f free-standing restaurant building for a five-year term. The building, previously tenanted by Smashburger, will be the future home of Tropical Smoothie Café, a fast casual food franchise.
