Retail

Project of the Month: Geronimo Properties begins phase 3 renovations on 85,361 s/f Twin City Shopping Center

Leominster, MA According to Geronimo Properties, a third phase of renovations has begun on the Twin City Shopping Center which, true to its name, spans the city lines of Leominster and Fitchburg. One of the largest shopping plazas in the region

Fantini & Gorga arranges $11.075 million refinancing for North Broadway Crossing

Salem, NH Fantini & Gorga arranged an $11.075 million first mortgage loan for the refinancing of North Broadway Crossing, a first-class community shopping center. Fantini & Gorga placed the financing on behalf of a long-standing client

RK Centers acquires Walmart Supercenter in Chicopee for $18.6 million

Chicopee, MA RK Centers completed its acquisition of the Walmart Supercenter at 591 Memorial Dr. The 12.7-acre property is also home to a 99 Restaurant. The combined retail space totals 223,526 s/f. The purchase price was $18.6 million.

The Hamilton Company oversees renovation of Buttonwood Restaurant

Newton, MA Ten months after a kitchen fire shuttered Buttonwood Restaurant, located at 51 Lincoln St. in Newton Highlands, the eatery has re-opened with new additions to its menu and cheers from its patrons. Co-owners Shane Smyth and chef David Punch

Coldwell Banker Commercial NRT leases 4,200 s/f to Orangetheory Fitness

Ridgefield, CT Coldwell Banker Commercial NRT has completed a lease transaction with Orangetheory Fitness to occupy 4,200 s/f in Keough Plaza. 

What to expect at RECon 2019: From delivery, pop-share, health and wellness, to Marvel adventures - by Diana Perry

Better buy that new pair of Allbirds you’ve been eyeing for ultimate foot comfort for the upcoming ICSC RECon convention this May in Las Vegas. To get a better idea of what to expect (other than foot pain) from a marketing/social

The Dartmouth Company completes retail pre-leasing of Vita Jamaica Plain

Jamaica Plain, MA The Dartmouth Company has completed the pre-leasing of Vita Jamaica Plain prior to the fall debut. The luxury condos are 60% pre-sold. Residents will enjoy a complimentary two-year membership to the 14,000 s/f onsite Planet Fitness.

Linear Retail Properties acquires 2ndWellesley Square property for $17.6 million

Wellesley, MA Linear Retail Properties, LLC, has acquired 61-71 Central St. – two storefront retail buildings totaling 17,900 s/f in the downtown square, including an adjoining 60 space parking lot. The purchase price was $17.6 million.

M&J Associates leases 3,000 s/f to Luxe Nails & Spa at Acton Woods Plaza

Acton, MA According to Mark Shair of M&J Associates, Luxe Nails & Spa has opened at 44,000 s/f Acton Woods Plaza at the intersection of Rte. 27 and Rte. 2A – Great Rd.

JLL closes sale of Hannaford Supermarket for $18.2 million

Waltham, MA JLL’s Retail Capital Markets team completed the sale of Hannaford Supermarket for $18.2 million to an affiliate of The Grossman Companies.