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Brokerage
Posted: October 28, 2016
The Fallon Company leases 3,700 s/f to Lola 42
Fan Pier - Boston, MABoston, MA According to The Fallon Co., Lola 42 – sister restaurant to Nantucket’s bistro and sushi bar, Lola 41 – is the latest addition to Fan Pier.
Lola 42 will occupy 3,700 s/f on the ground level of Twenty Two Liberty, Fan Pier’s first residential building, and is anticipated to open in spring of 2017. Terms of the deal, which was brokered by CBRE/New England Retail, were not disclosed.
“Lola 42 is a great addition to Fan Pier’s top tier retail and restaurant offerings and is exactly the type of concept that will resonate with residents of Twenty Two Liberty,” said Joe Fallon, president & CEO of The Fallon Company. “It also fits with our overall mix at Fan Pier, where retail and hospitality complements our growing residential community, robust commerce environment, and green space at our unparalleled waterfront location.”
Lola 42 will be the first off-island, in-state venture for restaurateur Marco Coelho, proprietor of Nantuckets’ Lola 41 and its spin-off Lola Burger. Like Lola 41, Lola 42 will be a bistro and sushi bar, offering cuisine inspired from the 42nd parallel across the globe, including the Mediterranean and Japan.
“We’re excited to bring our award-winning bistro and sushi bar concept to the mainland, and our new location on Boston’s Fan Pier couldn’t be more optimal,” said Coelho.
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