News: Brokerage

Tedeschi Food Shops brings fresh food into Weymouth stores

Tedeschi Food Shops recently completed the remodel of two locations in Weymouth. Renovations of the 11 Sea St. and 425 Washington St. stores are part of a company-wide initiative to ensure that all Tedeschi Food Shops offer an increased assortment of fresh, healthy meal and snack options. The newly upgraded stores now feature an extensive selection of fresh salads, sandwiches, subs, wraps, and snacks that are prepared by Tedeschi Fresh Foods, the company's proprietary commissary. Freshly brewed hot and iced coffee is offered. These upgraded stores are brighter and easier to shop thanks to an open floor plan, wider and shorter aisles, and new artwork and aesthetics. Tedeschi Food Shops will continue its renovation process as a means of offering more freshly prepared, health-inspired foods. Established in 1923 in Rockland, Tedeschi Food Shops, Inc. is one of New England's most trusted family-owned and operated convenience store chains, with more than $600 million in annual revenue. The company operates 190 convenience store locations throughout Mass., N.H., R.I., and Conn.
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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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