As new tariffs continue to impact the global economy, retail businesses and investors are grappling with heightened uncertainty. From new high tariffs to supply chain issues to evolving consumer behaviors, continual changes are making it as or more challenging than the pandemic years. Yet, amidst this turbulence,
Dedham, MA JLL’s Capital Markets group has arranged the recapitalization of Legacy Place, the dominant open-air, grocery-anchored lifestyle center in New England. Legacy Place is located in an affluent suburb of Boston. JLL represented the seller, Nuveen Real Estate.
Warwick, RI Dennis Kelleher, John Pentore and Sean McHale of Horvath & Tremblay (H&T)have completed the sale of the 45-unit Oakland and Lake Estates multi-family portfolio. H&T exclusively represented the seller and procured the buyer. The portfolio sold for $7.8 million
Jamestown, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 597 Beavertail Rd. for $7.819 million. The sellers were represented Judy Chace, broker/co-owner and Erin Marsh, sales associate, both of Mott & Chace Sotheby’s International Realty. Eric Kirton of Lila Delman
Westborough, MA Bret O’Brien and Ben Gatti of Greater Boston Commercial Properties, Inc. represented the seller in the sale of 291 Tpke. Rd. The 11,038 s/f retail building is located on 9.79 acres with frontage on Rte. 9. Prior to the sale, O’Brien leased both units
Durham, NH Matt Robinson and Joe Robinson of NAI Norwood Group represented the landlord in securing The Blue Flame Restaurant and Entertainment, a new dining and entertainment destination, in the 6,500 s/f space. This establishment will bring a new option to the downtown area,
Orange, CT Press|Cuozzo Commercial Services has facilitated the lease signing for a 5,300 s/f free-standing restaurant facility at 285 Boston Post Rd. The former Eli’s will reopen as Sushi Kingdom and will be operated by Sushi Kingdom, Inc. This is a concept of all-you-can-eat Japanese and Thai cuisine.
Revere, MA The HYM Investment Group (HYM) and National Real Estate Advisors, LLC (National) have welcomed The Point Barre and Yoga (The Point) as the newest tenant at Suffolk Downs, with plans to open in the ground floor retail space of Amaya in fall 2025.
Peabody, MA Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, has completed the multimillion-dollar revitalization at Northshore Mall, a shopping and dining destination
Chestnut Hill, MA Jones Road, the four-year-old breakout beauty brand founded by makeup artist and entrepreneur Bobbi Brown, is expanding to New England. The brand’s first storefront in the region will debut at The Street Chestnut Hill later this year.
Nantucket, MA The waterfront property at 31 Easy St., near the Steamboat Wharf, has long been the first establishment many people see when they arrive on Nantucket. But the historic building, the former location of Schooner’s restaurant, has been vacant for years
Wareham, MA Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of an Aldi-anchored center. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $6.775 million.