Category: Retail

RK Centers acquires two retail properties totaling $41.6 million - including 114,244 s/f Walmart Supercenter at 770 Broadway, Saugus, MA

RK Centers acquires two retail properties totaling $41.6 million - including 114,244 s/f Walmart Su...

December 21, 2018
Medfield, MA The steady growth of RK Centers of Needham, Mass.continues with the company’s December acquisitions of two landmark retail centers: the 87,614 s/f plaza formerly known as The Medfield Shops – rebranded as RK Medfield Shops –  on Rte. 109 (230 Main St.) in Medfield, and the 114,244 s/f Walmart Supercenter at 770 Broadway (Rte. 1) in Saugus.
Jeremiah 29 LLC breaks ground on 80,000 s/f self storage facility - Aho Construction awarded the contract to construct the building

Jeremiah 29 LLC breaks ground on 80,000 s/f self storage facility - Aho Construction awarded the con...

December 21, 2018
Marlborough, MA Jeremiah 29 LLC has broken ground on its new 80,000 s/f climate-controlled self storage facility at 215 Simarano Dr. The building will be situated on a dedicated three-acre site off I-495. 
Bowden of the R. Calabrese Agency sells 14,000 s/f for $1.2 million

Bowden of the R. Calabrese Agency sells 14,000 s/f for $1.2 million

December 21, 2018
Meriden, CT Bob Bowden of the R. Calabrese Agency has completed the sale of a property located at 671 East Main St., formerly owned and occupied by CVS.
Project of the Month: Callahan Construction Managers completes 768,000 s/f mixed-use development - Montaje

Project of the Month: Callahan Construction Managers completes 768,000 s/f mixed-use development - M...

December 21, 2018
Somerville, MA Callahan Construction Managers (Callahan), a Bridgewater-based full-service construction management firm, recently completed Montaje, a new mixed-use development in the heart of Assembly Row for Federal Realty Investment Trust. 
Horvath & Tremblay sells Stop & Shop ground lease for $11 million - located at 51 Sparks Ave. on Nantucket

Horvath & Tremblay sells Stop & Shop ground lease for $11 million - located at 51 Sparks Ave. on Nan...

December 21, 2018
Nantucket, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of the ground lease to Stop & Shop. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the transaction at a sale price of $11 million.
Northeast Retail Leasing & Management Company leases 7,100 s/f to Town Fair Tire

Northeast Retail Leasing & Management Company leases 7,100 s/f to Town Fair Tire

December 21, 2018
Littleton, MA According to Daniel Plotkin of Northeast Retail Leasing & Management Company LLC, East Haven CT based Town Fair Tire Centers has opened its 97th store at 501 Great Rd. Plotkin said that Town Fair Tire, one of New England’s largest tire retailers
Three takeaways from ICSC New York Deal Making show - by Diana Perry

Three takeaways from ICSC New York Deal Making show - by Diana Perry

December 21, 2018
Show me the money!...or show the digital retailers going B&M anyway. Retail in Focus, Follow the Money session focused on the opportunities and challenges strategic partnerships have between VCs and new retailers. Addie Lerner, principal of General Catalyst blew me away in her to-the-point thoughtful explanations.
McMahon and Ginsberg of Summit Realty Partners lease 26,000 s/f to Altitude Trampoline Park at Horace Mann Plaza

McMahon and Ginsberg of Summit Realty Partners lease 26,000 s/f to Altitude Trampoline Park at Horac...

December 21, 2018
Franklin, MA Summit Realty Partners negotiated lease signing on behalf of Franklin Shoppers Fair, Inc. a Massachusetts-based shopping center landlord. Chris McMahon and Travis Ginsberg represented the landlord in the transaction.
Linear Retail holds ribbon cutting for 2,803 s/f Caffé Nero in Concord

Linear Retail holds ribbon cutting for 2,803 s/f Caffé Nero in Concord

December 21, 2018
Concord, MA Linear Retail Properties, LLC, held a ribbon cutting ceremony for Caffè Nero. The 2,803 s/f café is now officially open at 55-57 Main St. in the historic Friend Block.
Allen & Major Assoc. completes MGM Springfield on 14.5 acres - team includes AECOM Tishman; Davenport; and Form + Place

Allen & Major Assoc. completes MGM Springfield on 14.5 acres - team includes AECOM Tishman; Davenpor...

December 21, 2018
Springfield, MA Allen & Major Associates, Inc. (A&M) was retained by the development team of Blue Tarp ReDevelopment, AECOM Tishman, Davenport Cos., Form + Place to provide master planning, full site design, land survey, permitting and landscape/hardscape design services for this hotel and resort casino.  
Hickey and Loyack join Bierbrier Development

Hickey and Loyack join Bierbrier Development

December 21, 2018
Lexington, MA Bierbrier Development has appointed Maura Hickey as marketing and communications manager. Hickey  will be responsible for managing marketing and communications initiatives and strategies, and for creating brand awareness
A developer’s guide to mixed-used developments - by John Pariseault

A developer’s guide to mixed-used developments - by John Pariseault

December 21, 2018
The Trend Toward Mixed-use Development: If one leafs through any real estate trade journal or visits local retailers, it becomes apparent that traditional retail is changing. Developers and retailers share the desire to create projects that attract people on many levels
READ ON THE GO
DIGITAL EDITIONS
Subscribe