Category: Retail

Swampscott, MA Atlantic Capital Partners has sold four Stop & Shop assets for $70 million totaling 272,542 s/f. The portfolio consisted of assets in the communities of Malden, Swampscott, Framingham, and Bristol, RI. Justin Smith, head of Capital Markets; Chris Peterson, vice president of Capital Markets;  and Sam Koonce, associate, oversaw the transaction which had Atlantic Capital Partners exclusively representing both buyer and seller.

Westborough, MA Grossman Development Group (GDG) has acquired Bay State Commons, a mixed-use 261,672 s/f development. The Roche Bros.-anchored outdoor lifestyle center abuts a two-acre town park and features a variety of dining, shopping, health and wellness offerings

Ludlow, MA Horvath & Tremblay has completed the sale of three properties in New England for a total of $5.71 million. Bob Horvath, Todd Tremblay and Aaron Huntley of Horvath & Tremblay have completed the sale of a Walgreens Plaza in Ludlow. Horvath & Tremblay exclusively represented the seller to complete this transaction at a sale price of $3.5 million.

Marshfield, MA Marcus & Millichap arranged the $9.95 million sale of The Shops at Ocean’s Gate, a 38,247 s/f retail property. “Multi-tenant retail centers in high traffic locations have recovered quite dramatically since the pandemic with vacancy at record lows and increased investor demand,” said Evan Griffith, senior vice president investments.

Boston, MA WS Development has made a deal to purchase energy from NRG Energy, Inc. brand Direct Energy Business. The collaboration includes eight buildings in Boston’s Seaport District and 35 of WS Development’s New England properties, including Legacy Place in Dedham and The Street in Chestnut Hill where WS is headquartered.

Seekonk, MA Atlantic Capital Partners has sold Ann & Hope Plaza, a regional shopping center. The asset, anchored by Harbor Freight Tools, Petco, and Bed Bath & Beyond, is located in the town’s  dominant retail node. Justin Smith, head of capital markets; chris peterson, VP of capital markets; sam koonce, VP of capital markets; Cole Van Gelder

Stamford, CT Saugatuck Commercial Real Estate (SCRE) represented the developer, Quarterra/Lennar MultiFamily Companies (LMC), in leasing two anchor retail spaces in “sister” luxury mixed-use developments in Stamford and White Plains, NY. Fidelity Brokerage Services leased 7,490 s/f at The Smyth, 885 Washington Blvd. in Stamford

Boston, MA Bubble Bath, located at 100 High Street Pl., the award-winning wine bar at High Street Place from Tiffani Faison’s Big Heart Hospitality group, is bringing back the Guest Sommelier Series each Monday from 5:00 pm to close.

Somerville, MA April 14, 2023, families in Boston and across the northeast will have the opportunity to experience North America’s first fully renovated next generation LEGO Discovery Center. The grand opening of LEGO Discovery Center Boston

Fairfield, CT Angel Commercial, LLC, arranged the purchase of a 5,440 s/f commercial property on 0.89 acres at 1320 Kings Highway Cutoff by 1320 KHC Assoc., LLC, an investment firm, for $1.825 million. The seller was 1320 Kings Highway LLC.

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