Retail

Smith of George J. Smith & Son facilitates $2.8 million sale to Genesis at 990 Boston Post Rd.

Milford, CT DeForest Smith, CCIM, SIOR president of George J. Smith & Son Commercial and Investment Real Estate has sold a property for a new Genesis automobile showroom. The property, located at 990 Boston Post Rd., was the former Hooters Restaurant and sold for $2.8 million.

ARC, Inc. completes $6.6 million acquisition of Dodge Crossing - 21,350 s/f center on a 1.3-acre in Beverly, MA

Beverly, MA The Aubuchon Realty Company, Inc., (ARC, Inc.) completed the $6.6 million acquisition of Dodge Crossing. ARC is aggressively pursuing commercial real estate investments throughout the Eastern United States, with a particular focus on retail opportunities.

SRS Real Estate Partners brokers $7.25 million sale of 8,815 s/f multi-tenant retail property at 201 Middlesex Tpke., Burlington, MA

Burlington, MA SRS Real Estate Partners’ National Net Lease Group (NNLG) has completed the $7.25 million sale of an 8,815 s/f, multi-tenant retail property located at 201 Middlesex Tpke. The property is fully occupied by five tenants

Grossman Cos. affiliate purchases 840 Providence Hwy. for $13.3m - sale handled by Waldman & Associates

Dedham, MA According to Dan Waldman of Waldman & Associates, an affiliate of The Grossman Companies, Inc. purchased the real estate at 840 Providence Hwy. for $13.3 million from an affiliate of the Owen family, which had owned the property since 1966.

RK Centers acquires open-air retail property for $13.825 million

Manchester, NH RK Centers has completed the acquisition of the open-air retail property at 777 South Willow St. The building consists of 74,935 s/f on 11.85 acres and is home to two blue-ribbon tenants, Burlington Stores and Michaels. The purchase price was $13.825 million.

JLL arranges $21.5m acquisition financing for Shops at Riverwood

Hyde Park, MA JLL Capital Markets has arranged $21.5 million in acquisition financing for Shops at Riverwood, a 78,000 s/f, fully leased retail center anchored by Price Rite Marketplace.

Halprin of New England Retail Properties, Inc. represents Philips International in 9,500 s/f lease to Goodwill Retail Store

Pittsfield, MA Matt Halprin of New England Retail Properties, Inc. represented Philips International in leasing the former Big Lots space located at Allendale Shopping Center to Goodwill Retail Store & Donation Center.

Horvath & Tremblay completes sale of three retail properties in New England for a total of $15.4 million

Plaistow, NH Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $15.4 million. Bob Horvath and Todd Tremblay of Horvath & Tremblay completed the sale of Walgreens in Plaistow, N.H.

Aerie to debut a dedicated store at Derby Street Shops this fall

Hingham, MA According to WS Development, Aerie will debut a dedicated store at Derby Street Shops this fall. Aerie is committed to creating exceptional merchandise collections while positively influencing the way women see themselves

LEGOLAND Discovery Boston to undergo $12 million renovation

Somerville, MA Opening in spring 2023, LEGO Discovery Center Boston will give families across the northeast the opportunity to experience the next generation LEGO Discovery Center following a $12 million renovation.