Category: Retail
Kelly’s Roast Beef sets sights on New Hampshire expansion
September 30, 2022
Revere, MA The Boston-based inventor of the North Shore roast beef sandwich, Kelly’s Roast Beef, is looking to continue expanding in the Northeastern United States with an emphasis on growth in New Hampshire. The chain plans to capitalize on their fame in their home region by securing multi-unit franchisees
Sherman of Angel Commercial sells 5,732 s/f strip center for $2.75 million
September 30, 2022
Norwalk, CT Angel Commercial, LLC, negotiated the sale of 588 Main Ave., for $2.75 million to an undisclosed investor. The seller was JA Real Property Corp. Inc., whose principal owned the property for 37 years. “588 Main Ave. is a 5,732 s/f neighborhood retail strip center that is fully leased by two long-term national
Allagash Brewing Co. plans to open new offsite tasting room in 2024 at The Downs
September 30, 2022
Scarborough, ME Allagash Brewing Company purchased seven acres to develop and build a new custom-designed tasting room slated to open in 2024. The future space will be located within The Downs, Southern Maine’s new mixed-use, live-work-play community, located off
Horvath & Tremblay sells three properties in New England for $9.253 million - including $3.02 millio...
September 30, 2022
Sudbury, MA Bob Horvath, Todd Tremblay and Jack Laurendeau of Horvath & Tremblay have completed the sale of TD Bank. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $5.133 million. TD Bank is located at 407 Boston Post Rd. in Sudbury.
Atlantic Capital Partners brokers $7 million sale of John Fitch Plaza - Smith, Peterson, Koonce and ...
September 30, 2022
Fitchburg, MA Atlantic Capital Partners has brokered the sale of John Fitch Plaza, a community shopping center. Located in one of the most densely populated cities outside of Metro Boston, the offering features immediate upside through a repositioning effort. Justin Smith, head of capital markets; Chris Peterson,
Smith of George J. Smith & Son facilitates $2.8 million sale to Genesis at 990 Boston Post Rd.
August 26, 2022
Milford, CT DeForest Smith, CCIM, SIOR president of George J. Smith & Son Commercial and Investment Real Estate has sold a property for a new Genesis automobile showroom. The property, located at 990 Boston Post Rd., was the former Hooters Restaurant and sold for $2.8 million.
ARC, Inc. completes $6.6 million acquisition of Dodge Crossing - 21,350 s/f center on a 1.3-acre in ...
August 26, 2022
Beverly, MA The Aubuchon Realty Company, Inc., (ARC, Inc.) completed the $6.6 million acquisition of Dodge Crossing. ARC is aggressively pursuing commercial real estate investments throughout the Eastern United States, with a particular focus on retail opportunities.
SRS Real Estate Partners brokers $7.25 million sale of 8,815 s/f multi-tenant retail property at 201...
August 26, 2022
Burlington, MA SRS Real Estate Partners’ National Net Lease Group (NNLG) has completed the $7.25 million sale of an 8,815 s/f, multi-tenant retail property located at 201 Middlesex Tpke. The property is fully occupied by five tenants
Grossman Cos. affiliate purchases 840 Providence Hwy. for $13.3m - sale handled by Waldman & Associa...
August 26, 2022
Dedham, MA According to Dan Waldman of Waldman & Associates, an affiliate of The Grossman Companies, Inc. purchased the real estate at 840 Providence Hwy. for $13.3 million from an affiliate of the Owen family, which had owned the property since 1966.
RK Centers acquires open-air retail property for $13.825 million
August 26, 2022
Manchester, NH RK Centers has completed the acquisition of the open-air retail property at 777 South Willow St. The building consists of 74,935 s/f on 11.85 acres and is home to two blue-ribbon tenants, Burlington Stores and Michaels. The purchase price was $13.825 million.
JLL arranges $21.5m acquisition financing for Shops at Riverwood
August 26, 2022
Hyde Park, MA JLL Capital Markets has arranged $21.5 million in acquisition financing for Shops at Riverwood, a 78,000 s/f, fully leased retail center anchored by Price Rite Marketplace.
Halprin of New England Retail Properties, Inc. represents Philips International in 9,500 s/f lease t...
August 26, 2022
Pittsfield, MA Matt Halprin of New England Retail Properties, Inc. represented Philips International in leasing the former Big Lots space located at Allendale Shopping Center to Goodwill Retail Store & Donation Center.
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