Category: Retail

BOSTON, MA Industry veteran Nat Heald has joined CBRE Capital Markets as executive vice president to focus on institutional sales of retail assets.

Over and over again since the pandemic, there have been continued predictions that brick and mortar retail would take its final hit, leaving all of us consumers with the simple joys of internet consumption. No one could have foreseen the changes influencing retail since those days of lockdown.

Salem, NH Atlantic Capital Partners has sold two retail properties. Atlantic Capital Partners negotiated the sale of At Rockingham Park Mall, a former Sears anchor to Rockingham Park Mall. Justin Smith, head of capital markets; Sam Koonce, associate; and Cole Van Gelder, analyst; oversaw the transaction which had Atlantic Capital Partners exclusively representing the seller.

Portland, ME Allagash Brewing Company is opening The Cellars, a tasting space at the brewery’s home. The Cellars will allow guests to sample, and learn about, small-batch beers. The space is slated to open November 26 in the section of the brewery where Allagash founder Rob Tod brewed his first-ever batches of beer.

Ludlow, MA Jeremy Casey and Isaac Stewart of SR Commercial brokered the sale of 483-487 Holyoke St., also known as the Ludlow Crossing Plaza.

Hingham, MA gorjana, a fast-growing jewelry brand known for its laid-back style, will be opening two new stores in Massachusetts, at WS Development’s Derby Street Shops and The Street Chestnut Hill. Since the brand’s Boston debut last fall, gorjana’s expansion across Massachusetts will allow more customers to shop the nationally-recognized brand’s popular designs.

Hanover, MA Showcase Cinemas, a world leader in the motion picture exhibition industry, has officially opened its newest theater, Showcase Cinema de Lux Hanover Crossing, on November 16, with tickets available for purchase now.

Somerville, MA Five new retailers are confirmed to open in the next year at Assembly Row, including Athleta and ZWILLING J.A. Henckels cutlery and kitchenware opening in November. Coach, Aerie and Paper Source have all signed new leases to open within the next year.

New Haven, CT Michael Richetelli, president and designated broker of Colonial Properties, Inc. represented the seller, General Asset Company, LLC in the sale of 968 Chapel St., a two tenant 9,250 s/f investment property for $2.795 million.

North Dartmouth, MA Atlantic Capital Partners has completed the $27.375 million sale of Faunce Corner Shopping Center, a super-regional shopping center. The asset, anchored by national retailers Kohls, Bob’s Discount Furniture, Christmas Tree Shops and Firestone,

Watertown, MA SRS Real Estate Partners’ National Net Lease Group (NNLG) has completed the $16.15 million sale of a 14,400 s/f freestanding retail property fully occupied by CVS. The property is located at 655 Mount Auburn St.

Westbrook, ME Bob Horvath, Todd Tremblay, and Hobart Hare of Horvath & Tremblay have completed the sale of two new construction single-tenant properties, a Chase Bank (ground lease) and Chick-fil-A (ground lease). Horvath & Tremblay exclusively represented the seller and procured the buyer