Retail

Urban Edge acquires Wonderland Marketplace for $24.1 million - Heald and Angelone of JLL represent the seller

Revere, MA Urban Edge Properties has acquired Wonderland Marketplace, a 139,507 s/f shopping center on 16 acres along Rte. 1A for $24.1 million. The seller was represented by executive vice president Nat Heald and managing director Chris Angelone of JLL.

Wright of Colliers International facilitates sale of Planet Fitness building in Manchester, NH for $4.2m

Manchester, NH Colliers International completed the sale of 99 Eddy Rd., for $4.2 million. Bryan Wright, of Colliers’ local office, facilitated the sale between Anagnost Companies and Agree Development, LLC

Margulies Perruzzi completes Thomson Place for Invesco Real Estate and Crosspoint Associates

Boston, MA Margulies Perruzzi (MP) has completed the Thomson Place retail activation and streetscape project in the city’s Fort Point neighborhood. Developed by global real estate investment manager Invesco Real Estate and Crosspoint Associates,

Tavern in the Square opens at Wrentham Village Premium Outlets

Wrentham, MA According to Simon, a global leader in premier shopping, dining, entertainment and mixed-used destinations, Tavern in the Square is now open at Wrentham Village Premium Outlets.

Ioli of Sherin and Lodgen moderates roundtable at ICSC Law Conference

Boston, MA According to law firm Sherin and Lodgen LLP, Jennifer Ioli, an attorney in the firm’s commercial real estate department, moderated the roundtable, “Putting the ‘Use’ in Mixed Use: Negotiating Leases to Protect

Simon signs Stretch Lab and Relax The Back at Burlington Mall

Burlington, MA According to Simon, Stretch Lab and Relax The Back will join The Village at Burlington Mall in 2020.

The Proto Group completes multiple leases totaling 22,265 s/f

North Haven, CT The Proto Group  has completed multiple leases totaling 22,265 s/f. The leases include the following:

NKF completes sale of 256,804 s/f Simsbury Commons for EDENS to PAG Investments

Simsbury, CT Newmark Knight Frank (NKF) has completed the sale of Simsbury Commons on behalf of EDENS to PAG Investments. The sale price was not disclosed.

Costco opens 158,000 s/f store at GDEL’s Gateway Commons

East Lyme, CT According to Gateway Development/East Lyme, LLC (GDEL), a joint venture between affiliates of KGI Properties of Providence, RI and The Simon Konover Co. (TSKC) of West Hartford, Conn., the 158,000 s/f Costco membership club

Bergin of Pearce Real Estate closes on sale of Rainbow Gardens

Milford, CT John Bergin of Pearce Real Estate has closed on the sale of a local restaurant, Rainbow Gardens and Bar.