Category: Retail

Project of the Month: Flagstone Crossing - The Lannan Company’s new 17,900 s/f retail plaza to be ...

February 28, 2020

Rich Lannan and Harry Dumont of The Lannan Company and I explored for many years the possibility of redeveloping the coveted signalized three-acre site at Flagstone Dr., Lowell Rd. (Rte. 3A) and the Circumferential Highway into a retail/professional plaza. On February 4th, with all permits in hand, The Lannan Company purchased 2 Flagstone Dr.

Poyant names Abrantes as associate graphic designer

February 28, 2020

New Bedford, MA Poyant has named Rachael Abrantes, associate graphic designer. In this position, Abrantes supports the Dunkin’ team, designing branding packages for franchise locations throughout the Northeast and implementing their new brand

JLL Income Property Trust acquires Milford Crossing for $42m

February 28, 2020

Milford, MA JLL Income Property Trust has acquired Milford Crossing, a newly-constructed 160,000 s/f grocery-anchored neighborhood shopping center. The purchase price was $42 million. The property is anchored by a Stop & Shop grocery store

Miltons to open at the Burlington Mall

February 28, 2020

Burlington, MA According to Simon, a global leader in premier shopping, dining, entertainment and mixed-used destinations, Miltons The Store for Men will open their third Massachusetts store at Burlington Mall this fall.

Herrick Lutts Realty Partners brokers sale of 2,654 s/f retail building

February 28, 2020

Beverly, MA Situated at the base of the off ramp of Rtes. 128 North and South, 16 Dodge St. has sold. The sale price was not disclosed. Herrick Lutts Realty Partners at Keller Williams Realty represented the seller,

Amodio & Co Real Estate handles 6,224 s/f lease to The Gift Group

February 28, 2020

Bristol, CT Amodio & Co Real Estate has completed the long-term lease of 6,224 s/f of restaurant space at 224 North Main St., to Canadian headquartered, The Gift Group. With facilities in Canada, New York & India,

Crosspoint Associates purchases 81,702 s/f Amherst Shopping Center

February 28, 2020

Amherst, MA JLL Capital Markets has closed the sale of Amherst Shopping Center, an 81,702 s/f shopping center anchored by Big Y Supermarket and CVS. JLL marketed the property on behalf of the seller. Crosspoint Associates, Inc.

Calabrese of R. Calabrese Agency sells one acre retail site for $700,000

February 28, 2020

Waterbury, CT Ralph Calabrese of R. Calabrese Agency, LLC was the sole broker in the sale of 213 Chase Ave. The one acre parcel was occupied by a 2,700 s/f vacant former fast food restaurant which has been closed for years.

Competitive capital markets available for NNN properties - by Peter Tousignant

February 28, 2020

Investor and lender demand for quality real estate remains strong, with much attention often focused on the multifamily and industrial asset classes. At the same time, investors are also targeting single-tenant net leased retail properties here in New England and nationally, and senior debt providers are happy to follow.