Category: Retail
Halprin promoted to president and COO at New England Retail Properties, Inc.
April 30, 2021
Wethersfield, CT New England Retail Properties, Inc. has promoted Matt Halprin to president and chief operating officer, effective immediately. The promotion follows the departure of outgoing co-founder and president, Mark D’Addabbo, who stepped down effective April 1st.
Shawmut Design and Construction’s renovation of The Langham Hotel to feature GRANA Restaurant
April 30, 2021
Boston, MA Shawmut Design and Construction presents a major milestone in the renovation of the historic The Langham Hotel: The concept for the destination restaurant, GRANA.
Horvath & Tremblay sells four properties in New England for $16.8 million
April 30, 2021
West Warwick, RI Horvath & Tremblay has completed the sale of four retail properties in New England for a total of $16.8 million. Bob Horvath, Todd Tremblay, and Hobart Hare of Horvath & Tremblay have completed the sale of CVS Pharmacy in West Warwick.
Marcus & Millichap Capital Corp. arranges a $7.05 million loan for Walmart - adjacent to former site...
April 30, 2021
Swansea, MA Marcus & Millichap Capital Corporation (MMCC) has arranged a $7.05 million loan to refinance the existing ground lease. Walmart originally opened in the Swansea Mall in 2001, received approvals for the Walmart Supercenter in 2009
Combined Properties, Inc. renews lease to Bank of America
April 30, 2021
Malden, MA According to Combined Properties, Inc., Bank of America renewed its lease at 157 Centre St. In doing so, the bank expanded its retail footprint from 3,100 s/f to 4,891 s/f. Bank of America shares this first-class retail center
Dragon Group brings Foodland International to Central Plaza in Lowell
April 30, 2021
Lowell, MA According to Jim Dragon, managing partner for the Dragon Group and Central Plaza Realty LLC, the grand opening was held April 10th of Foodland International at the Dragon Group’s Central Plaza Shopping Center.
Bulman of District Real Estate Advisors brokers two Dollar General deals
April 30, 2021
Warren, RI Tim Bulman of District Real Estate Advisors completed the sale of a 2019 retrofit construction Dollar General for $1.75 million. Bulman represented the seller in the transaction and Daniel Bernardini of Horvath & Tremblay represented the buyer.
MANSARD facilitates sale of retail condo for $1.5m to NU Kitchen
April 30, 2021
Newburyport, MA MANSARD has facilitated the sale of 19 Pleasant St. Unit 1. The storefront retail condo features 3,185 s/f on the first floor and 2,952 s/f on the lower level and was completely gutted at the time of sale.
Drinkwater and Richards of Marcus & Millichap sell 21,320 s/f property for $12.25 million
March 26, 2021
Saugus, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, completed the sale of Walgreens & Mattress Firm, a 21,320 s/f net-leased property, according to Thomas Shihadeh, regional manager of the firm’s Boston office.
JLL handles $35.5 million sale of Watertown Stop & Shop
March 26, 2021
Watertown, MA JLL Capital Markets completed the $35.5 million sale of a 69,000 s/f, single-tenant retail building net leased by Stop & Shop Supermarket. JLL marketed the property on behalf of the seller, Winstanley Enterprises, LLC and Surrey Equities LLC,
McEvoy and Conrad of Conrad Grp. broker 26,165 s/f at Sterling Plaza
March 26, 2021
Randolph, MA The Conrad Group consummated a 26,165 s/f retail lease at Sterling Plaza. The retail space was leased to SDI Stores LLC and will be the new home for Bob’s Stores and Eastern Mountain Sports. Sterling Plaza, a 60,368 s/f retail center is located adjacent to The Randolph Cinema.
Atlantic Capital Retail purchases 8,000 s/f retail center for $5.75 million - Financing was provided...
March 26, 2021
Warwick, RI Newman Properties’ affiliate Atlantic Capital Retail LLC has purchased an 8,000 s/f retail shopping center located at 1191 Division St. Horvath & Tremblay represented the buyer in the transaction.
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