Boston, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay in conjunction with Marc Koenig of MDK Realty have completed the sale of CVS Pharmacy. MDK Realty represented the seller and enlisted Horvath & Tremblay to nationally expose the property
Springfield, MA Remic Properties has completed the leasing of 8,000 s/f to Family Dollar at the Breckwood Shops. Mitch Bolotin of Colebrook Realty Services represented Remic Properties in this transaction. The addition of Family Dollar now brings the center’s occupancy to 93%.
Stamford, CT PROOF Coffee Roasters, a specialty coffee company, opened its first Connecticut coffee shop at 200 Commons Park South, in the city’s Harbor Point area. Saugatuck Commercial Real Estate (SCRE) was the exclusive broker in this transaction. With multiple locations throughout New York City, PROOF sources its coffee from sustainable farms and roasts it locally in Brooklyn, N.Y. Jeff Sale, founder and CEO of PROOF Coffee, said the company was “incredibly excited” to expand their footprint to Harbor Point, and to the city as a whole.
New Haven, CT Renee Stevens of the North Haven Commercial office of Pearce Real Estate has completed the lease of 1,200 s/f of retail space at 1296 State St. Stevens represented both the landlord, Luigj Ulaj, and the tenant, Mindless Thoughts, LLC, in the transaction. The tenant, Mindless Thoughts, is excited to be moving to their new location, having been in business in the city since 2012. LaDrea Moss and Brianna Triplett are proud that their company strives to provide its consumers with a creative, up-to-date appealing urban fashion that anyone would feel proud to wear.
Warwick, RI In a grand opening ceremony held at 2574 West Shore Rd., Carpionato Group, a Rhode Island-based property development company, committed to business growth in New England, turned over the keys to the newest Dave’s Fresh Marketplace located on the site of a former Benny’s store which closed in 2016. The new 32,263 s/f Dave’s will be the company’s flagship store and is part of a new shopping plaza built by Carpionato Group that is across the street from the original Dave’s store and is on the site where Dave’s Fresh Marketplace founder Dave Cesario’s first fruit and vegetable stand was located more than 50-years ago.
Cambridge, MA JLL Capital Markets has completed the sale of a 7,200 s/f retail building at 1120 Massachusetts Ave. in the Harvard Sq. area of the city. The sale price was not disclosed. JLL marketed the property on behalf of the seller, a private entity advised by Ella Properties, LLC. An affiliate of The Bulfinch Companies, Inc. purchased the asset with plans to reposition the building as a first-class office, medical or biotech property. The acquisition of 1120 Massachusetts Ave. further strengthens Bulfinch’s growing portfolio in the market.
Methuen, MA Steve Miller and Jeff Bruk of Bruk Realty Advisors brokered a 31,795 s/f lease at The Loop. Bruk Realty Advisors completed the lease transaction representing One Stop Liquors at The Loop. Bruk Realty Advisors is a leading commercial real estate brokerage firm providing a broad range of real estate services to its clients throughout New England.
Boston, MA Atlantic Retail has named Justin Smith as the firm’s head of capital markets. Smith has been one of the industry’s top retail sales brokers, specializing in the disposition, advisory, and recapitalization of retail assets. In addition to enhancing Atlantic’s Capital Markets team, Smith will augment their existing leasing platform. Smith joins Atlantic from Newmark where he was a senior managing director in the firm’s Boston office, responsible for coordinating retail investment sales throughout the country.
Hartford, CT Parkville Market is the first food hall in Connecticut. Yes, that’s right! Between Quincy Market in Boston and Chelsea Market now lies Parkville Market, consisting of 20,000 s/f of food vendors, a beer bar, wine bar, gourmet shop, individual dining rooms and two large terrace areas. The owner and operator of Parkville Market, Carlos Mouta,
Chestnut Hill, MA With a long history and growing footprint in physical retail, WS Development expands its commitment to the sector with a recent move to acquire The Paper Store, a 55-year-old family-run and operated quality gift retailer in the Northeast. With 86 locations and roughly 2,000 employees
