Retail

Kintzer of Royal Properties signs Jimmy John’s to 2,200 s/f lease

Norwalk, CT According to Royal Properties, Inc. Jimmy John’s signed a long-term lease for a 2,200 s/f end cap with drive-thru at Sedona Plaza, 295 Westport Ave.

Jacobs and Whittredge of NAI Glickman lease 2,900 s/f of retail space

Worcester, MA Michael Jacobs, principal, and Tim Whittredge, vice president at NAI Glickman Kovago & Jacobs,  have negotiated the lease of  2,900 s/f of retail space (formerly leased by Verizon) at 17 E. Mountain St.

Nawab of HHQ named chef of 26,000 s/f Food Hall at Rock Row in ME

Westbrook, ME Award-winning chef, restaurateur, TV personality and cookbook author Akhtar Nawab and his New York based firm, Hospitality HQ (HHQ), has been chosen to oversee all management and operations of the 50-seat, 26,000 s/f Food Hall that is coming to Rock Row.

Lamplighter to bring brewery to Cambridge Crossing

Cambridge, MA According to Lamplighter Brewing Co. and DivcoWest, final plans are complete to open a new taproom and production space in the coming months, Lamplighter CX, at Cambridge Crossing (CX), the new 43-acre neighborhood at the intersection of Cambridge, Somerville, and Boston, and adjacent to the new Lechmere Station.

JLL Capital Markets close the $40.5m sale of Blue Back Square

West Hartford, CT JLL Capital Markets has closed the $40.5 million sale of Blue Back Square, a dynamic 445,661 s/f mixed-use property with ground floor retail, best-in-class office and medical office space, along with 48 residential units.

Acella Construction completes first Saladworks Franchise in Mass.

Woburn, MA Acella Construction Corp., completed the first Saladworks franchise in Massachusetts, located in Woburn Village at 296 Mishawum Rd. The complete build-out project – starting from a cold shell site – yielded a 32-seating capacity restaurant.

Drinkwater and Richard of Marcus & Millichap handle $2 million sale of a 1,886 s/f net-leased Dairy Queen Grill & Chill in Waterbury, CT

Waterbury, CT Marcus & Millichap completed the sale of Dairy Queen Grill & Chill, a 1,886 s/f net-leased property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $2 million.

O’Connell and Poyant acquire 27,000 s/f Carrier Place

Concord, NH On April 30th, through a partnership known as Carrier Place, LLC, Patrick O’Connell and Christian Poyant acquired Carrier Place located at 265-273 Loudon Rd. According to public record the property sold for $8 million

New England’s first Best Buy Outlet now open at Westgate Mall in Brockton, MA

Brockton, MA New England’s first Best Buy Outlet is now open at Westgate Mall. A concept from Best Buy, Best Buy Outlet offers shoppers deeply discounted prices on appliances, TVs, computers, and more, with inventory regularly updated. Best Buy Outlet shoppers can save up to 40% on clearance and open box products.

Horvath & Tremblay completes the sale of four retail properties in New England for a total of $12.154 million

Avon, MA Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $12.154 million. Bob Horvath, Todd Tremblay, and Brad Canova of Horvath & Tremblay completed the sale of Christmas Tree Shops in Avon. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction