Retail
Shake Shack to debut first Cape location in The Landing at Hyannis
Hyannis, MA The Landing at Hyannis’ dining options are growing. Shake Shack will debut its first location on Cape Cod at The Landing in 2025. Shake Shack serves American classics using made-to-order 100% Angus beef burgers, crispy chicken, hand-spun milkshakes, house-made lemonades, and more.
Marcus & Millichap arranges $12.46m sale of net-leased BJ’s
Bangor, ME Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of BJ’s Wholesale Club, a 91,828 s/f retail property located at 110 Longview Dr. for $12,460,350.
Atlantic Capital Partners sells two grocery-
anchored shopping centers totaling $26m
Stow, MA Atlantic Capital Partners have sold two grocery-anchored shopping centers - Stow Shopping Center, a Shaw’s anchored asset in Stow, Mass. and Yarmouth Shopping Center, a Stop and Shop anchored asset in Yarmouth, Mass. The total sale price was $26 million and sold to a Canadian based group via one transaction.
JLL Capital Markets appoints Quinn director of the investment and sales advisory retail team
Boston, MA JLL Capital Markets have appointed Alex Quinn as director in the Boston office’s investment and sales advisory retail team. Quinn will report to Chris Angelone, senior managing director, retail group leader and Boston office co-head and partner with director Zach Nitsche.
New England Retail Properties and Horvath & Tremblay facilitate $8m sale
North Conway, NH Matt Halprin, chief executive officer and principal of New England Retail Properties, Inc. exclusively represent Conway Development Partners LLC and Bob Horvath and Matt Nadler of Horvath and Tremblay represented the buyer Goosefare Crossing LLC in the $8 million sale.
SR Commercial Realty leases restaurant space to Springfield Museums Corp.
Springfield, MA Paul Bongiorni of SR Commercial Realty represented Springfield Museums Corp. in a lease of their commercial building at 95 Chestnut St. The building, which was acquired by the Springfield Museums in 2019 as an addition to their campus and renovated, will become a restaurant called Chestnut Street Café and Bakery.
Burgess Properties arranges 21,500 s/f lease for The Picklr
Burlington, MA Burgess Properties, LLC, one of greater Boston’s premier suburban commercial brokerage firms, has brokered a 21,500 s/f lease to The Picklr, a growing national indoor pickleball franchise.
Mashpee Commons to bring three retail tenants in spring 2025
Mashpee, MA Mashpee Commons will welcome three new retailers – Lovesac, Tina Stephens Boutique and The Pretentious Pickle – this spring. Additionally, Uva Wine Bar, a self-serve wine restaurant, held its grand opening in January.
King Street welcomes FiDo Pizza to Allston LabWorks retail space
Allston, MA King Street Properties (King Street) welcomes a new casual neighborhood restaurant FiDo Pizza to its new campus on Western Ave. FiDO Pizza is the fifth concept of Traveler Street Hospitality, the team behind South End restaurants Bar Mezzana, Shore Leave, No Relation, and Black Lamb. Slated to open in the summer of 2025,
NAI Glickman Kovago & Jacobs brokers two-building retail center sale
Holden, MA NAI Glickman Kovago & Jacobs has brokered the sale of a two-building, 10,000 s/f retail center located at 597-633 Main St. to a local investor. The buildings were occupied at the time of sale by Holden Pizza, McGreevey’s Barbershop, Donut Kitchen, and Towne Cleaners.