Retail

JLL Capital Markets closes on $44.2m sale of Stop & Shop Plaza

Braintree, MA JLL Capital Markets has closed the $44.2 million sale of Stop & Shop Plaza, a 173,798 s/f neighborhood shopping center anchored by a high-volume Stop & Shop in the suburban Boston community. JLL represented the seller. Sterling Organization acquired the asset.

Granite Commercial Real Estate handles leasing for BJ’s Gas

Nashua, NH Granite Commercial Real Estate (GCRE) was engaged to represent BJ’s Wholesale Club in sourcing a new southern New Hampshire location for a BJ’s Gas Station. James Prieto, director of real estate, at GCRE secured a site at 210 Daniel Webster Highway.

Denenberg Realty Advisors negotiates $14m strip center sale

Chelsea, MA On January 14, Neil Denenberg, president of Denenberg Realty Advisors, negotiated the sale of a retail strip center located at 121 Webster Ave. for $14 million. The multi-tenanted, 72,172 s/f retail property with 25 foot ceiling heights, sits on a 3.52 acre lot

Right now in retail - by Carol Todreas

Right now retail is not first and foremost on most of our minds, that is, unless you are in the retail business. Yet, the retail scene goes on and there are, as usual, some interesting happenings to report.

Tremblay of Horvath & Tremblay arranges $10.8 million plaza sale

Lowell, MA Todd Tremblay of Horvath & Tremblay procured a $10.8 million purchase price for Central Plaza Shopping Center in downtown. Central Plaza, with street addresses of 55-177 Church St., is a

Atlantic Capital Partners sells Miracle Mile & North Country Plaza

West Lebanon, NH Atlantic Capital Partners has finalized the sale of North Country Plaza and Miracle Mile, two convenience-oriented shopping centers.

Marcus & Millichap arranges the $ 4.9 million sale of 15,639 s/f Sun Plaza

Wilton, CT Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of Sun Plaza, a 15,639 s/f

CDM Fitness grows to 55 clubs in New England

Foxborough, MA CDM Fitness Holdings, an SBJ Capital portfolio company, acquired from Shane Poirier a three-unit Planet Fitness franchisee with clubs in Leominster, Mass., Keene, N.H., and Brattleboro, VT.

btone FITNESS opens new 1,630 s/f studio in Wayland, MA

Wayland, MA btone FITNESS Studios officially opened its newest location on Monday, January 24th. The new 1,630 s/f studio is the growing company’s 11th studio and is the latest

Asana Partners assigns Alvarez & Marsal Property Solutions to one of the largest retail portfolios in Boston

Boston, MA Alvarez & Marsal Property Solutions (AMPS) has been selected to manage the leasing and merchandising for Asana Partners’ retail properties in their mixed-use Harvard Sq.