Retail

Shawmut Design and Construction’s renovation of The Langham Hotel to feature GRANA Restaurant

Boston, MA Shawmut Design and Construction presents a major milestone in the renovation of the historic The Langham Hotel: The concept for the destination restaurant, GRANA.

Horvath & Tremblay sells four properties in New England for $16.8 million

West Warwick, RI Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $16.8 million. Bob Horvath, Todd Tremblay, and Hobart Hare of Horvath & Tremblay have completed the sale of CVS Pharmacy in West Warwick.

Marcus & Millichap Capital Corp. arranges a $7.05 million loan for Walmart - adjacent to former site of the former Swansea Mall

Swansea, MA Marcus & Millichap Capital Corporation (MMCC) has arranged a $7.05 million loan to refinance the existing ground lease. Walmart originally opened in the Swansea Mall in 2001, received approvals for the Walmart Supercenter in 2009

Combined Properties, Inc. renews lease to Bank of America

Malden, MA According to Combined Properties, Inc., Bank of America renewed its lease at 157 Centre St. In doing so, the bank expanded its retail footprint from 3,100 s/f to 4,891 s/f. Bank of America shares this first-class retail center

Dragon Group brings Foodland International to Central Plaza in Lowell

Lowell, MA According to Jim Dragon, managing partner for the Dragon Group and Central Plaza Realty LLC, the grand opening was held April 10th of Foodland International at the Dragon Group’s Central Plaza Shopping Center.

Bulman of District Real Estate Advisors brokers two Dollar General deals

Warren, RI Tim Bulman of District Real Estate Advisors completed the sale of a 2019 retrofit construction Dollar General for $1.75 million. Bulman represented the seller in the transaction and Daniel Bernardini of Horvath & Tremblay represented the buyer.

MANSARD facilitates sale of retail condo for $1.5m to NU Kitchen

Newburyport, MA MANSARD has facilitated the sale of 19 Pleasant St. Unit 1. The storefront retail condo features 3,185 s/f on the first floor and 2,952 s/f on the lower level and was completely gutted at the time of sale.

Drinkwater and Richards of Marcus & Millichap sell 21,320 s/f property for $12.25 million

Saugus, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of Walgreens & Mattress Firm, a 21,320 s/f net-leased property, according to Thomas Shihadeh, regional manager of the firm’s Boston office.

JLL handles $35.5 million sale of Watertown Stop & Shop

Watertown, MA JLL Capital Markets completed the $35.5 million sale of a 69,000 s/f, single-tenant retail building net leased by Stop & Shop Supermarket. JLL marketed the property on behalf of the seller, Winstanley Enterprises, LLC and Surrey Equities LLC,

McEvoy and Conrad of Conrad Grp. broker 26,165 s/f at Sterling Plaza

Randolph, MA The Conrad Group consummated a 26,165 s/f retail lease at Sterling Plaza. The retail space was leased to SDI Stores LLC and will be the new home for Bob’s Stores and Eastern Mountain Sports. Sterling Plaza, a 60,368 s/f retail center is located adjacent to The Randolph Cinema.