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.
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.
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.
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
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.
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
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
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.
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.
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