Shair of M&J Associates reps. Salvation Army in $2m purchase

According to Mark Shair president of M&J Associates, Inc., the Salvation Army has purshased a 30,000 s/f building and 3 acres of land on Westgate Dr. at the Westgate Mall.Â Construction will start shortly to totally reconstruct the building and parking lot. Â Salvation Army will use the facility for a modern family retail store as well as their regional executive offices.Â The retail facility will feature donated clothing, furniture, books, housewares and toys. The location is adjacent to Lowes and is highly visible from the main entance to the mall.Â The building was formerly the main office and retail oulet for Merrill's Shoes. Mark Shair of M&J Associates, represnted the seller, Mucci Trust and also the Salvation Army in this transaction.

Tags: Brokerage Retail

Reprint

Previous Story Next Story

O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.

Atlantic Capital Partners sells shopping center in Milford for $8m

Horvath & Tremblay completes sale of Walgreens store for $4.9m

Commercial Realty Advisors represents buyer in $1.9m acquisition

Prescott IOS and the Stubblebine Company complete 30,500 s/f on three acres of IOS in a build-to-suit lease at 3 Belcher St., Plainville, MA

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Owners Developers & Managers

Lark Hotels’ flagship Greater Boston property, Cambridge Common House, now open in Harvard Square

Columns and Thought Leadership

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.