Retail

Tishman Speyer Properties sells Pier 4 Retail in the Seaport for $12 million - a 16,134 s/f urban retail condominium leased to two full-service restaurants

Boston, MA JLL Capital Markets has closed the $12 million sale of Pier 4 Retail, a 16,134 s/f urban retail condominium leased to two full-service restaurants in the city’s Seaport neighborhood.

NAI Glickman Kovago & Jacobs handles $5.325m sale of former Shaw’s supermarket in Webster, MA

Webster, MA The former 57,000 s/f Shaw’s supermarket building at 70 Worcester Rd., and the 13,600 s/f retail strip at 84 Worcester Rd., have been sold.

CBRE secures $15.25 million in financing for Playhouse Sq. Shopping Center in Westport, CT

Westport, CT CBRE Capital Markets’ Debt & Structured Finance team has arranged a $15.25 million loan to refinance the Playhouse Square Shopping Center, an unanchored, 40,000 s/f community shopping center with 17 tenants located at 275 Post Rd. East.

Warby Parker store now open at Legacy Place

Dedham, MA Warby Parker store is now open at Legacy Place Mall. The store opened on Saturday, June 18th. This is their tenth store in Massachusetts and they are thrilled to be expanding their retail presence and connecting with even more customers in the community.

Royal Properties brings Comcast to Derby, CT

Derby, CT According to Royal Properties, Inc., Comcast signed a five-year lease for 2,477 s/f at ShopRite Shopping Center, 49 Pershing Dr.

Limani opens at The Street Chestnut Hill

Chestnut Hill, MA The Street Chestnut Hill gets a taste of the Mediterranean with the arrival of New York-based restaurant, Limani. Now open, Limani transports its guests to the coastal shores of Greece and Cyprus

Capital Group Properties signs The Paper Store to 12,000 s/f lease

Warwick, RI According to Capital Group Properties, The Paper Store is the newest tenant coming to Warwick Center, a 160,000 s/f shopping center. The Paper Store is relocating from its Warwick Mall location to the new 12,000 s/f storefront

Doyle of Colonial Properties, Inc. handles 11,175 s/f in leases

West Haven, CT According to Michael Richetelli, president and designated broker of Colonial Properties, Inc., the firm completed the following transactions: Tom Doyle, Realtor, represented the landlord, York Business Center, LLC in the leasing of 2,250 s/f of restaurant space at 701-703 Campbell Ave.

The evolution, impact & potential of virtual tours of retail space - by Nathaniel Mallon

>The goal of being able to show prospective tenants a space before they undergo an in-person visit has played a role in the real estate industry for decades. While simply taking a series of photographs had been the go-to method of achieving this

Connolly Brothers completes renovations for BMW of Norwood

Norwood, MA Connolly Brothers, Inc. has completed interior and exterior renovations for BMW of Norwood, a full-service BMW dealer offering new and certified pre-owned BMWs, as well as service and parts. Located at 918 Providence Hwy.,