Category: Retail

Eastern Bank provides construction loans for Arista Development, LLC

Eastern Bank provides construction loans for Arista Development, LLC

August 23, 2019
Framingham, MA Eastern Bank has provided three construction loans totaling more than $8 million to Norwood-based developer Arista Development, LLC (Arista) for ground-up construction of free-standing retail properties in Framingham, Mass., Bedford, N.H., and Providence, R.I. 
Jay Nuss Realty Group brokers sale of 8,500 s/f for new Lucca South Shore

Jay Nuss Realty Group brokers sale of 8,500 s/f for new Lucca South Shore

August 23, 2019
Rockland, MA Jay Nuss Realty Group, a leading commercial real estate brokerage firm, brokered the sale of Bella’s Restaurant for an undisclosed amount. The new owners Sean Williams, Theodore Kennedy and Matthew Williams, will reopen the restaurant this fall as Lucca South Shore.
JLL closes $55.75 million sale of 578,790 s/f <br>Lincoln Commons - sold to Acadia Strategic Opportunity Fund V

JLL closes $55.75 million sale of 578,790 s/f
Lincoln Commons - sold to Acadia Strategic Opportu...

August 23, 2019
Lincoln, RI On behalf of Highlands REIT, JLL’s Retail Capital Markets team completed the sale of Lincoln Commons for $55.7 million to Acadia Strategic Opportunity Fund V, a fund managed by Acadia Realty Trust.
Cardente Real Estate brokers $2.99 million sale of 24,150  s/f retail center located at 1041 Brighton Avenue

Cardente Real Estate brokers $2.99 million sale of 24,150 s/f retail center located at 1041 Brighto...

August 23, 2019
Portland, ME According to Cardente Real Estate, All-American family, LLC purchased the 24,150  s/f retail center located at 1041 Brighton Ave. from 1041 Brighton Ave., LLC for $2,991,443. 
Newmark Knight Frank completes $10.2 million sale of <br>Springfield Commons to Paramount Realty Services, Inc.

Newmark Knight Frank completes $10.2 million sale of
Springfield Commons to Paramount Realty Ser...

August 23, 2019
Springfield, MA Newmark Knight Frank (NKF) completed the $10.2 million sale of Springfield Commons to Paramount Realty Services, Inc. Vice chairman Geoffrey Millerd, senior managing director Justin Smith, director Paul Penman and financial analyst Samantha Torto of NKF’s Boston Capital Markets team –
Code Ninja to open 1,683 s/f at Northborough Crossing

Code Ninja to open 1,683 s/f at Northborough Crossing

August 23, 2019
Northborough, MA According to Capital Group Properties, Code Ninja is the newest tenant to sign a lease at Northborough Crossing, a premier open-air retail development. 
Development of the Month: Whole Foods-anchored North Shore Crossing now opening: Caffé Nero added to the lineup

Development of the Month: Whole Foods-anchored North Shore Crossing now opening: Caffé Nero added t...

August 23, 2019
Beverly, MA CEA Group and The Stonewood Companies are pleased to announce the opening of the much-anticipated North Shore Crossing, a 68,000 s/f retail center. North Shore Crossing is currently 92% leased and includes 11 premium retailers and restaurants, in addition to the iconic Whole Foods Market.
The power of well-branded signage –  North Shore Crossing case study - by Richard Poyant

The power of well-branded signage – North Shore Crossing case study - by Richard Poyant

August 23, 2019
In today’s competitive retail environment, the strength and relevance of your brand image is more important than ever. Signage and “streetscape” play a major role in your business and are an untapped opportunity to target a critical mass audience of potential customers so close to your front door.
Wright of Colliers brokers five leases totaling 8,692 s/f for American Shaman

Wright of Colliers brokers five leases totaling 8,692 s/f for American Shaman

August 23, 2019
Manchester, NH Colliers International, a global leader in commercial real estate services, has completed five leases on behalf of American Shaman in N.H. Bryan Wright, of the Manchester office, represented the lessee, American Shaman. With retail locations across the country, American Shaman is one of the nation’s largest wellness companies with a focus on CBD hemp oil products.
Engagement: The new entertainment experience - by Greg Lyon

Engagement: The new entertainment experience - by Greg Lyon

August 23, 2019
Super-regional and regional entertainment destinations, location based entertainment, lifestyle centers, retail dining and entertainment (RD&E) destinations, entertainment enhanced retail environments… the categories and list goes on. Regardless of what category a destination falls under, entertainment, shopping, and dining have always been inextricably tied,
MacKenzie of Commercial Realty Advisors brokers $900,000 sale of the Candy Company at 973 Rte. 28

MacKenzie of Commercial Realty Advisors brokers $900,000 sale of the Candy Company at 973 Rte. 28

July 26, 2019
South Yarmouth, MA Commercial Realty Advisors, Inc. completed the sale of the Candy Company at 973 Rte. 28. The retail shop offers hundreds of different varieties of fudge, “fine hand dipped chocolates,” sugar-free treats, truffles,
French, Stearney and Klein of Marcus & Millichap brokers sale of 84-acre Swansea Mall site

French, Stearney and Klein of Marcus & Millichap brokers sale of 84-acre Swansea Mall site

July 26, 2019
Swansea, MA Marcus & Millichap completed the sale of two property parcels located at 262 Swansea Mall Dr., according to the firm’s Boston office’s regional manager John Horowitz. The property is currently the site of the Swansea Mall.
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