Milford, CT Carl Russell, CCIM, SIOR, senior commercial broker at Pearce Real Estate, has closed on the lease of 6,000 s/f at 1770 Boston Post Rd. This retail space will be occupied by Mattress Plus LLC of Waterbury, Conn. They will be selling mattresses, furniture, rugs, and related products.
Woburn, MA The local food and beverage scene recently welcomed two tasty additions: health tea and shake bar Empower Woburn and lobster roll kit purveyor Pauli’s Online Market. These locally owned small businesses join the many food service industry clients that currently locate in Cummings Properties’ local portfolio.
Milford, CT CBRE arranged the $4.69 million sale of 1651 Boston Post Rd., home to a 4,596 s/f JPMorgan Chase branch on more than 2.5-acres along the town’s primary retail corridor. CBRE’s tri-state investment properties team of Charles Berger and Elli Klapper, along with Samuel Bernhaut of advisory and transaction services,
Arlington, MA Bierbrier Development has completed the $12.28 million refinancing of Arlington Village Shops. Located on Mass Ave., the property is a 26,300 s/f shopping center with national tenants, including Citizens Bank, Unleashed by Petco, Sherwin Williams, Massage Envy, AFC Urgent Care and European Wax Center. Nick Donofrio, first vice president and commercial
Boston, MA According to Wilder, effective November 2
nd, the company is now providing management and leasing services for a multi-state, 1.4 million s/f portfolio of retail properties plus over 600,000 s/f of warehouse distribution properties for Waterstone Properties Group. Adding to Wilder’s existing portfolio of over 7 million s/f, the Waterstone portfolio
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.
