News: Brokerage

Summit Realty Partners brokers .54-acre land lease to Harbor One Bank

Chris McMahon,
Summit Realty Partners

 

Travis Ginsberg, 
Summit Realty Partners

 

Stoughton, MA Summit Realty Partners, Inc. completed a 0.54-acre land lease with Harbor One Bank at 470 Washington St. Harbor One Bank entered into a long-term land lease for the previously undeveloped land at the corner of Washington St. (Rte. 138) and Phillips Ave. The bank then proceeded to permit and develop a 2,100 s/f retail bank branch with double drive-thru. 

Harbor One Bank opened this new location on March 4, which marks the bank’s 25th location. Neighboring national retailers include Stop & Shop, Price Rite, Advanced Auto, Dollar Tree, CVS and more. 

Chris McMahon and Travis Ginsberg of Summit Realty Partners represented the landlord.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.
End of the year retail thoughts - by Carol Todreas

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.