Category: Brokerage

Manchester, CT Fantini & Gorga arranged a $2.75 million first mortgage loan for the acquisition of TGI Fridays. Fantini & Gorga placed the financing on behalf of a long-standing client that has offices here in New England and in Florida.

Wayland, MA Summit Realty Partners, Inc. has completed new leases at Wayland Town Center to X-Golf, an indoor golf entertainment concept and Femiluxe, a nail bar and current tenant at Wayland Town Center.  Femiluxe signed a lease to expand their space to meet the needs of their growing business at the center.

Malden, MA According to Jefferson Apartment Group (JAG), a leading multifamily developer and operator specializing in apartment communities throughout the East Coast, J Malden Center has signed two new retail tenants to add to a growing mix of local businesses in downtown. The development has also begun pre-leasing the community’s luxury apartment units and will welcome residents at the end of this month. 

Greenwich, CT CBRE has arranged the sale of a 10,695 s/f CVS located at 99 Greenwich Ave. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners along with Will Pike of CBRE’s Net Lease Property Group, represented the owner, Midwood Investment & Development, in the sale and also procured the buyer, an institutional investor, who acquired the property for $30 million.

Framingham, MA Eastern Bank has provided three construction loans totaling more than $8 million to Norwood-based developer Arista Development, LLC (Arista) for ground-up construction of free-standing retail properties in Framingham, Mass., Bedford, N.H., and Providence, R.I. 

Rockland, MA Jay Nuss Realty Group, a leading commercial real estate brokerage firm, brokered the sale of Bella’s Restaurant for an undisclosed amount. The new owners Sean Williams, Theodore Kennedy and Matthew Williams, will reopen the restaurant this fall as Lucca South Shore.

Lincoln, RI On behalf of Highlands REIT, JLL’s Retail Capital Markets team completed the sale of Lincoln Commons for $55.7 million to Acadia Strategic Opportunity Fund V, a fund managed by Acadia Realty Trust.

Portland, ME According to Cardente Real Estate, All-American family, LLC purchased the 24,150  s/f retail center located at 1041 Brighton Ave. from 1041 Brighton Ave., LLC for $2,991,443. 

Springfield, MA Newmark Knight Frank (NKF) completed the $10.2 million sale of Springfield Commons to Paramount Realty Services, Inc. Vice chairman Geoffrey Millerd, senior managing director Justin Smith, director Paul Penman and financial analyst Samantha Torto of NKF’s Boston Capital Markets team –

Northborough, MA According to Capital Group Properties, Code Ninja is the newest tenant to sign a lease at Northborough Crossing, a premier open-air retail development. 

Beverly, MA CEA Group and The Stonewood Companies are pleased to announce the opening of the much-anticipated North Shore Crossing, a 68,000 s/f retail center. North Shore Crossing is currently 92% leased and includes 11 premium retailers and restaurants, in addition to the iconic Whole Foods Market.

In today’s competitive retail environment, the strength and relevance of your brand image is more important than ever. Signage and “streetscape” play a major role in your business and are an untapped opportunity to target a critical mass audience of potential customers so close to your front door.