Retail

Industrious forms partnership with WS Development to provide 35,441 s/f of flexible workplace at Legacy Place

Dedham, MA Industrious, one of the highest-rated workplace providers in the industry, will be partnering with Massachusetts-based developer WS Development to open a new flexible workplace at open air shopping and lifestyle destination Legacy Place in the Boston suburb. The new

DiCosola appointed as president of MarketPlace Development

Boston, MA MarketPlace Development, a division of New England Development, a real estate company that transforms the passenger experience at airports across the country through the planning development and management of airport concessions programs, has promoted Michael DiCosola

McLaughlin Investments arranges $7.85 million sale of 235,000 s/f Belknap Mall to Vernco Belknap, LLC

Belmont, NH John McLaughlin, CCIM, CRE, founder of McLaughlin Investments, has brokered the off-market retail sale of Belknap Mall, a 235,000 s/f Shaw’s-anchored shopping center located for $7.85 million to George Vernet, Vernco Belknap, LLC.

Marr of Keliher Real Estate sells $550,000 retail condo

South Boston, MA Doug Marr, president of Keliher Real Estate’s commercial division, sold 103 Old Harbor St. for $550,000. The retail condo, currently a convenience store, has 1,311 s/f of street level retail space and 1,014 s/f of basement storage.

Horvath & Tremblay sells four New England retail properties for $22.4 million

West Warwick, RI Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $22.4 million. Matt Nadler, Todd Tremblay and Bob Horvath of Horvath & Tremblay completed the sale of O’Reilly Auto Parts & Dollar Tree in West Warwick.

KeyPoint Partners negotiates lease with O’Reilly Auto Parts totaling 6,605 s/f

Plaistow, NH KeyPoint Partners (KPP) negotiated a lease with O’Reilly Auto Parts at Plaistow Place. Vice president of leasing Don Mace represented the landlord in the transaction.

Marcus & Millichap arranges $13.4m sale of Cape Ann Marketplace

Gloucester, MA Marcus & Millichap’s Koury Group brokered the sale of Cape Ann Marketplace, a 102,977 s/f retail property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The center sold for $13.4 million.

Urstadt Biddle Properties acquires Shelton Sq. Shopping Center for $33.6 million - 186,000 s/f center on 20 acres; anchored by a 67,000 s/f Stop & Shop

Shelton, CT Urstadt Biddle Properties Inc. has acquired Shelton Square Shopping Center for $33.6 million. Shelton Square is a 186,000 s/f community shopping center comprised of one building and three pad sites on a 20-acre site and anchored by a 67,000 s/f Stop & Shop with a long-term lease.

Federal Realty Investment Trust signs four new retail tenants at Linden Square in Wellesley, MA

Wellesley, MA Federal Realty Investment Trust (FRT) has signed four new tenants to join the mix at Linden Square. The essential lifestyle center, anchored by Roche Bros. supermarket, will welcome Tatte Bakery, Oath Pizza, Karma, and Atelier salon.

Fantini & Gorga arranges the refinancing of The Berkeley Building for A.W. Perry

Boston, MA Fantini & Gorga has arranged the refinancing of award winning, multi-tenant office/retail property known as The Berkeley Building for the sponsor, A.W. Perry, Inc. The proprty is located at 420 Boylston St., at the corner of Berkeley and Boylston St. in Back Bay.