New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Burlington, MA The town is advancing a rezoning initiative to create fresh updated land use policies for the area’s largest commercial district along Mall Rd. and parts of Middlesex Tpke. A community forum was held to kick off the process with an online meeting
Nashua, NH Summit Realty Partners Inc. arranged leases for over 100,000 s/f of retail space at Main Street Marketplace at 300 Main St. in the past 12 months. New tenants include Clear Choice MD (4,386 s/f), Nova Trampoline Park (40,726 s/f), Omnium Brewing (27,510 s/f),
Boston, MA Faherty is going to further its footprint in the Superette of the Boston Seaport. Faherty maintains a great retail and e-commerce customer base within the area and hopes to create another retail opportunity
Marlborough, MA Summit Realty Partners Inc. (SRP) and Aubuchon Realty Company, Inc. (ARC) have finalized two new leases as part of the repositioning of Wayside Crossing Shopping Center at 661 Boston Post Rd. East.
Provincetown, MA John Ciluzzi, president of Premier Commercial, of Centerville, has been retained to market and sell the property located at 321 Commercial St., known as The Lobster Pot.
East Haven, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc., has completed the following transactions. Richetelli represented the seller, Partners 95, LLC, in the sale of 96 Frontage Rd.; a multi-tenant retail building on .74 acres for $2.65 million.
Bedford, MA 363 Great Road LLC, and TRB Realty has closed the $3.775 million sale of the Great Road Plaza, a 19,230 s/f, two-story, mixed-use investment property on Great Rd.
Ridgefield, CT Northeast Private Client Group (NEPCG) has completed the sale of 20 West Ln. Senior associates Rich Edwards and Jeff Wright, along with senior VP, investments Brad Balletto, and associate Patrick Hegarty, represented the seller and procured the buyer for a mixed-use investment property.
Burlington, MA Simon Property Group’s Burlington Mall, one of northwest suburban Boston’s premier shopping center, has opened 33 new stores in 2022 and looks forward to 2023 with four new store openings already planned for Q1.
Freeport, ME Maine Realty Advisors has completed the following transactions: EJA LLC purchased 6 Mill St., a 2,500 s/f retail building, from 6 Mill LLC for $280,700.