Retail

MarketPlace Logan to open more local and national brands

Boston, MA According to MarketPlace Logan, an affiliate of Boston-based New England Development and the developer and manager of t...

Angel Commercial brokers $500,000 sale and signs two leases totaling 4,393 s/f

Fairfield, CT Southport-based commercial real estate firm, Angel Commercial, LLC, has completed the following retail transactions. &...

Defeasance activity 2018 and beyond: Steady as she goes into a sea of change - by John Felter

The final numbers are in for 2018; defeasance activities were up 11.9% from 2017 totals of 742, compared to 663 transacted in 2017.  For the past several years borrowers have been moving to exit real estate debt in order to cut down on interest rate expense, as well as take advantage of other opportunities in the market.

2019 looks to be another strong year for retail property performance - by David De Lise

Although the demise of retail properties has been greatly amplified by media outlets for several years, there is strong optimism from those in the industry that the retail sector will continue to perform very well in 2019 and beyond.

Facebook in fine print – What you really agreed to - by Diana Perry

Just yesterday someone asked me for a social media update and was particularly concerned with Facebook’s policy and privacy. Since I had never truly dug into the fine print of it all, I took it upon myself to read the 12-page privacy document that the majority of us scroll to the bottom of awaiting the agree button. Below is a summary of the latest Facebook policy summarized with what you really need to know and what you agreed to by default. 

Lyman Real Estate sells 176 and 184 North Main Street for $135,000

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.

Fantini & Gorga arranges $7.95m in financing for three retail properties

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

RK Centers acquires two retail properties totaling $41.6 million - including 114,244 s/f Walmart Supercenter at 770 Broadway, Saugus, MA

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.

Jeremiah 29 LLC breaks ground on 80,000 s/f self storage facility - Aho Construction awarded the contract to construct the building

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. 

Bowden of the R. Calabrese Agency sells 14,000 s/f for $1.2 million

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.