Retail

Washington Trust welcomes Kile as executive vice president and chief retail banking officer

Westerly, RI Washington Trust has appointed Michelle Kile executive vice president and chief retail banking officer. Kile is responsible for the retail sales and customer service through Washington Trust’s 28 retail branch offices, Customer Solutions Center, and digital banking services.

Tuccio Properties Group and Salvatore Capital Partners joint venture acquire Gould’s Plaza for $8 million

Medway, MA Medway Route 109 LLC, a joint venture between Tuccio Properties Group and Salvatore Capital Partners, has acquired Gould’s Plaza for $8 million. Gould’s Plaza, located at 74 Main St., is a 49,000 s/f neighborhood retail plaza.

F45 Training leases 6,600 s/f at Cummings’ 64-J Concord St.

Wilmington, MA F45 Training is expanding its global fitness brand with a 6,600 s/f lease. The Australian-born workout community will launch a newly renovated training facility this winter at Cummings Properties’ 64-J Concord St. business campus.

Mila’s at Gibson Point to open at Redgate’s apartment community

Revere, MA Developer Redgate Real Estate, in collaboration with restaurateur Michael Aldi, unveiled plans for Mila’s at Gibson Point. This new dining destination will bring day-to-night coastal dining to the Gibson Point residences. Currently under construction

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.

The Fresh Market celebrates grand opening at Mansfield Crossing

Mansfield, MA The Fresh Market commemorated its arrival at Mansfield Crossing with a special grand opening event on December 11. The specialty grocery chain officially open its doors and offered complimentary reusable bags to the first 500 guests. The community was invited

Gurtler of O’Brien Commercial sells 11,604 s/f to Fly By Night Furniture

Maynard, MA O’Brien Commercial Properties brokered the sale of 36 Nason St. for $1.4 million. The building was the original home of the Paper Store, now with more than 100 stores and over 3,000 employees nationwide. The 11,604 s/f jewell box of a

Porobic Wicker and Dalis promoted at Simon’s Burlington Mall as new general manager and director of marketing & business development

Burlington, MA Simon’s Burlington Mall has promoted two Simon employees. Melisa Porobic Wicker has been named general manager at Burlington Mall, and Lauren Dalis is the new director of marketing and business development.

Dyer Brown reinvents 3,250 s/f Christian Science Reading Room

Boston, MA With its street presence and welcoming interior, The Mother Church Christian Science Reading Room in the city’s Back Bay is the latest in a growing portfolio of innovative and sustainably designed retail venues by national architecture and interiors firm Dyer Brown.

Summit Properties completes $700 million acquisition phase of U.S. shopping centers

New York, NY Summit Properties USA (Summit), a subsidiary of UK-based Summit Properties Ltd., has completed the acquisition and consolidation of its U.S. retail center portfolio, valued at $700 million. This marks a milestone in the company’s strategy to strengthen