Eastern Bank provides construction loans for Arista Development, LLC

Framingham, MA Eastern Bank has provided three construction loans totaling more than $8 million to Norwood-based developer Arista Development, LLC (Arista) for ground-up construction of free-standing retail properties in Framingham, Mass., Bedford, N.H., and Providence, R.I. 

Jay Nuss Realty Group brokers sale of 8,500 s/f for new Lucca South Shore

Rockland, MA Jay Nuss Realty Group, a leading commercial real estate brokerage firm, brokered the sale of Bella’s Restaurant for an undisclosed amount. The new owners Sean Williams, Theodore Kennedy and Matthew Williams, will reopen the restaurant this fall as Lucca South Shore.

JLL closes $55.75 million sale of 578,790 s/f
Lincoln Commons - sold to Acadia Strategic Opportunity Fund V

Lincoln, RI On behalf of Highlands REIT, JLL’s Retail Capital Markets team completed the sale of Lincoln Commons for $55.7 million to Acadia Strategic Opportunity Fund V, a fund managed by Acadia Realty Trust.

Cardente Real Estate brokers $2.99 million sale of 24,150 s/f retail center located at 1041 Brighton Avenue

Portland, ME According to Cardente Real Estate, All-American family, LLC purchased the 24,150  s/f retail center located at 1041 Brighton Ave. from 1041 Brighton Ave., LLC for $2,991,443. 

Newmark Knight Frank completes $10.2 million sale of
Springfield Commons to Paramount Realty Services, Inc.

Springfield, MA Newmark Knight Frank (NKF) completed the $10.2 million sale of Springfield Commons to Paramount Realty Services, Inc. Vice chairman Geoffrey Millerd, senior managing director Justin Smith, director Paul Penman and financial analyst Samantha Torto of NKF’s Boston Capital Markets team –

Code Ninja to open 1,683 s/f at Northborough Crossing

Northborough, MA According to Capital Group Properties, Code Ninja is the newest tenant to sign a lease at Northborough Crossing, a premier open-air retail development. 

Development of the Month: Whole Foods-anchored North Shore Crossing now opening: Caffé Nero added to the lineup

Beverly, MA CEA Group and The Stonewood Companies are pleased to announce the opening of the much-anticipated North Shore Crossing, a 68,000 s/f retail center. North Shore Crossing is currently 92% leased and includes 11 premium retailers and restaurants, in addition to the iconic Whole Foods Market.

The power of well-branded signage – North Shore Crossing case study - by Richard Poyant

In today’s competitive retail environment, the strength and relevance of your brand image is more important than ever. Signage and “streetscape” play a major role in your business and are an untapped opportunity to target a critical mass audience of potential customers so close to your front door.

Wright of Colliers brokers five leases totaling 8,692 s/f for American Shaman

Manchester, NH Colliers International, a global leader in commercial real estate services, has completed five leases on behalf of American Shaman in N.H. Bryan Wright, of the Manchester office, represented the lessee, American Shaman. With retail locations across the country, American Shaman is one of the nation’s largest wellness companies with a focus on CBD hemp oil products.

Engagement: The new entertainment experience - by Greg Lyon

Super-regional and regional entertainment destinations, location based entertainment, lifestyle centers, retail dining and entertainment (RD&E) destinations, entertainment enhanced retail environments… the categories and list goes on. Regardless of what category a destination falls under, entertainment, shopping, and dining have always been inextricably tied,