Norwich, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate, Tim Bartha sold 176 and 184 North Main St. to John Oliveira, the owner of Johnny’s Clam Shack, the tenant at the 184 North Main St. location. Lyman agent Eric Reisner represented both sides of the transaction. The two parcels, totaling 1.04 acres, sold for $135,000.
Plymouth, MA Fantini & Gorga has placed three separate loans totaling $7.95 million for three retail properties located in southeastern Massachusetts. The transactions included an acquisition loan of $3 million for a ground leased gas station in Plymouth
Medfield, MA The steady growth of RK Centers of Needham, Mass.continues with the company’s December acquisitions of two landmark retail centers: the 87,614 s/f plaza formerly known as The Medfield Shops – rebranded as RK Medfield Shops – on Rte. 109 (230 Main St.) in Medfield, and the 114,244 s/f Walmart Supercenter at 770 Broadway (Rte. 1) in Saugus.
Marlborough, MA Jeremiah 29 LLC has broken ground on its new 80,000 s/f climate-controlled self storage facility at 215 Simarano Dr. The building will be situated on a dedicated three-acre site off I-495.
Meriden, CT Bob Bowden of the R. Calabrese Agency has completed the sale of a property located at 671 East Main St., formerly owned and occupied by CVS.
Somerville, MA Callahan Construction Managers (Callahan), a Bridgewater-based full-service construction management firm, recently completed Montaje, a new mixed-use development in the heart of Assembly Row for Federal Realty Investment Trust.
Nantucket, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of the ground lease to Stop & Shop. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the transaction at a sale price of $11 million.
Littleton, MA According to Daniel Plotkin of Northeast Retail Leasing & Management Company LLC, East Haven CT based Town Fair Tire Centers has opened its 97th store at 501 Great Rd. Plotkin said that Town Fair Tire, New England’s largest tire retailer
Show me the money!...or show the digital retailers going B&M anyway. Retail in Focus, Follow the Money session focused on the opportunities and challenges strategic partnerships have between VCs and new retailers. Addie Lerner, principal of General Catalyst blew me away in her to-the-point thoughtful explanations.
Franklin, MA Summit Realty Partners is pleased to announce a recent lease signing on behalf of Franklin Shoppers Fair, Inc. a Massachusetts-based shopping center landlord. Chris McMahon and Travis Ginsberg represented the landlord in the transaction.