Belmont, MA Zelco Properties & Development, in partnership with AGW Partners, has completed the acquisition of the commercial retail condominium The Bradford, a recently constructed mixed-use development located at the three-way intersection of Trapelo Rd., Common St., and Belmont St.
The Bradford is a 184,000 s/f, three-building, live-work-play community featuring 115 luxury residential units positioned above 34,000 s/f of ground-floor retail. The acquisition includes a range of retail spaces, from 450 s/f to nearly 20,000 s/f, offering flexibility for prospective tenants. Starbucks currently anchors the property, which benefits from a mix of on-site parking options, including a dedicated garage, surface parking, and non-metered street spaces. The available retail spaces include an anchor suite, a purpose-built restaurant space, and adaptable layouts suited for a wide variety of retail and service uses.
Dan Zelson, principal of Zelco Properties, said, “The Bradford is already a vibrant residential community, and our goal is to introduce the same level of quality and excitement to the retail component. We’re excited to partner with AGW to bring in tenants that will help activate and enliven the streetscape, meeting the everyday needs of the residents of the Bradford and Belmont residents at large.”
Charter Realty, will lead the leasing efforts for the retail, targeting a strategic mix of national, regional, and local tenants that greatly complement desired uses in the area.
“We were particularly excited about the rare opportunity to acquire a nearly-vacant class A asset with exceptional ceiling heights, plug-and-play layouts, and significant tenant demand in an area with long underserved retail uses,” said Adam Greenbaum, co-founder of AGW Partners.