Retail

Summit Realty Ptrs. sells former Dunkin building for $600,0000

Pepperell, MA Summit Realty Partners completed the sale of 116-118 Main St. for $600,000. 116-118 Main St. is a 2,092 s/f freestanding restaurant building with drive-thru situated on a 0.39 acre parcel. Formerly occupied by Dunkin, this freestanding building was purchased

Gazit Horizons, Inc. acquires 1430 Massachusetts Ave. for $45 million - a 50,000 s/f mixed use building in Cambridge, MA

Cambridge, MA According to Gazit-Globe, a leading global real estate company focused on the ownership, development, and management of mixed-use properties in major urban markets, its wholly-owned subsidiary, Gazit Horizons, Inc., has acquired 1430 Massachusetts Ave., a 50,000 s/f mixed use building on the corner of Massachusetts Ave.

Ligotti, McGranaghan and Redeker of Boston City Group, Inc. handle sale of 41-47 High St. and 6-16 Chute St. for $1.6 million

Reading, MA 41-47 High St. and 6-16 Chute St., a mixed-use building and parking lot located across from Reading MBTA Station, was sold on December 15th for $1.6 million.  Boston City Group, Inc.’s Caroline Ligotti, Emily McGranaghan and Linda Redeker represented the seller and procured the buyer. 

Cohen and Kilar of Marcus & Millichap sell two Midas locations

Hadley, MA Marcus & Millichap completed the sale of Midas, a 4,106 s/f net-leased property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $1.6 million. Adam Cohen and Brett Kilar, investment specialists in Marcus & Millichap’s

SCRE assists Newman’s Own in 4,147 s/f building lease

Westport, CT Penny Wickey and Daniel Neaton represented Newman’s Own Foundation in the successful lease of 1111 Post Rd. East. The 4,147 s/f building was leased to Connecticut Community Bank. Belinda Scanlon of the Bernard Realty Group

Dragon-Phoenix Martial Arts moves to The Shops at Summer St. Crossing

Chelmsford, MA Dragon-Phoenix Martial Arts, a premier kids martial arts and adult martial arts training center, has relocated from their Acton Rd. location to The Shops at Summer Street Crossing located at 7 Summer St. The retail storefront was leased by Eric Szczepkowski,

Jacobs and Whittredge of NAI Glickman handle $900,000 building sale

Worcester, MA The 12,000 s/f retail/mixed use building located at 89 Green St. (adjacent to Polar Park) sold for $900,000. Facilitating the sale was Michael Jacobs, principal, and Tim Whittredge, vice president at NAI Glickman Kovago & Jacobs. 

Form + Place engaged by The Barn to test fit and program a new location

Newton, MA Do you know someone who grew up in Newton? Or maybe Waltham or Watertown or Brighton? If you ask them, they probably have a story about The Barn Family Shoe Store, known to all as simply, The Barn. That’s where you went to get your shoes.

Reed of Stebbins Commercial Properties brokers $989,000 sale

strong>Manchester, NH Mike Reed, president of Stebbins Commercial Properties LLC completed the sale of 9,000 s/f retail building at 719 South Willow St. from 717 South Willow Street Realty Trust of Melvin Village, NH to Global Business LLC of Bedford, NH.

Warby Parker, Parla and La Macaron to join Assembly Row

Somerville, MA Assembly Row has signed a new cohort of retail openings scheduled for 2021, including Warby Parker. Additionally, Parla and La Macaron are adding even more to the area’s food scene.