Retail

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.,

Garza of Vidal Wettenstein handles 1,100 s/f retail lease

Monroe CT Vidal Wettenstein has leased a retail unit at 380 Monroe Tpke. The property consists of 25,000 s/f on 4.77 acres. Silvester Garza from Vidal Wettenstein represented the landlord

Newmark sells 258,110 s/f Southwind Plaza to Bandera Ventures and 279,989 s/f Falmouth Landing to TA Realty for $120 million

Hyannis, MA Newmark has completed the sale of two retail shopping centers on Cape Cod totaling $120 million. The assets include Southwind Plaza, a 258,110 s/f, Home Depot-anchored shopping center in Hyannis; and Falmouth Landing,