Braintree, Mass. — Toys “R” Us is opening 120 standalone stores across the country this holiday season, bringing its total U.S. footprint to 160 locations less than a decade after the chain shuttered its doors. The stores will cater heavily to adult collectors and teens, focusing on LEGO sets, trading cards and collectibles, alongside traditional children’s toys. One of the new stores will be located at South Shore Plaza, a 1.6 million-square-foot mall in Braintree, approximately 10 miles south of Boston. Simon Property Group owns the property, which features more than …
Milford, Mass. — Atlantic Capital Partners has negotiated the $10 million sale of Quarry Square, a 56,004-square-foot neighborhood center located in Milford, roughly 30 miles southwest of Boston. The property was fully leased at the time of sale to 17 tenants including The Gym @ Milford, TD Bank, The UPS Store, Sports Clips and Miracle-Ear. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the seller, RJ Kelly Co., in the transaction. NAI Glickman Kovago & Jacobs represented the buyer, KBG Realty Properties LLC.
Weymouth, Mass. — A joint venture between New York City-based Brookfield Properties and Boston-based New England Development has purchased the site of the former South Weymouth Naval Air Station in metro Boston. The co-developers acquired the 1,400-acre site from Washington Capital Management for $65 million. Brookfield and New England Development are planning a mixed-use redevelopment that would include 6,500 housing units, along with about 2 million square feet of commercial and retail space. The project will span more than 1,400 acres across three municipalities — Weymouth, Rockland and Abington, Massachusetts. …
Springfield, Mass. — Atlantic Capital Partners has brokered the $10.2 million sale of Boston Commons, a 103,494-square-foot shopping center located in the western Massachusetts city of Springfield. Kohl’s anchors the property, which was 98 percent leased at the time of sale. Other tenants include CVS Pharmacy, Family Dollar and T-Mobile. Justin Smith, Chris Peterson, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the seller in the transaction.
Reading, Mass. — Wilder has signed Trader Joe’s to anchor The Crossing at Walkers Brook, a 480,000-square-foot shopping center located in Reading, approximately 20 miles north of Boston. Trader Joe’s is expected to open in late 2026. Additional tenants at the center include Jordan’s Furniture, The Home Depot, Golf Galaxy, The Paper Store, Anthony’s Coal Fired Pizza, Starbucks Coffee, Chipotle Mexican Grill and Supercuts. Chris Mearn of District Real Estate Advisors represented Trader Joe’s in the lease negotiations.
Beverly, Mass. — JLL Capital Markets has negotiated the $8.5 million sale of a freestanding retail property located in Beverly, roughly 20 miles northeast of downtown Boston. The 60,666-square-foot building is fully leased to Stop & Shop, which has operated at the location since 1986. The site spans 4.9 acres and originated as the first Marshalls store in the United States, according to JLL. The property has been owned by the Marshalls family since its inception in 1956. Alex Quinn, Zach Nitsche, Sam Wiesman and Joe Marinaro of JLL represented the seller in the …
Springfield, Mass. — Five new tenants have signed leases to join Springfield Crossing, a 34-acre, open-air center under development in the western Massachusetts city of Springfield. Target, which will anchor the next phase of development, is set to open this summer. Other tenants that will be debuting in the coming months include Chase Bank, Playa Bowls, Be Young Day Spa and Beyond Oishii. These tenant additions build on Springfield Crossing’s initial phase that launched in late 2025 with BJ’s Wholesale Club. Onyx Partners acquired the former Eastfield Mall site in 2023 …
Quincy, Mass. — Atlantic Capital Partners has negotiated the $5.2 million sale of 625 Southern Artery, a 22,100-square-foot retail property located in Quincy, roughly 10 miles south of downtown Boston. The retail building was fully leased at the time of sale to Goodwill and Pet Supplies Plus, with an additional licensing agreement with Artery Garden Center. Justin Smith, Danielle Turpin and Matt Ericson of Atlantic Capital Partners represented the seller, The Davis Cos., in the transaction. The buyer was a private investor.
Boston — Newmark has arranged the $113.5 million sale of two retail properties in Boston’s Back Bay neighborhood. The properties are located at 4-6 and 28 Newbury St. and house flagship stores of luxury retailers Chanel and Cartier. The Chanel store spans 10,328 square feet across two stories, and the Cartier store totals 18,942 square feet. Robert Griffin, Geoffrey Millerd and Paul Penman of Newmark represented the seller, New York City-based ASG Equities, in the transaction. The team also procured the buyer, a joint venture between Acadia Realty Trust and …
Framingham, Mass. — Party City and Staples have partnered to bring the specialty party retailer inside more than 700 Staples locations nationwide and on the Staples website, with plans to expand to additional stores by the end of 2026. According to the companies, the partnership creates a single destination for celebrations by offering a selection of balloons, décor and party supplies, along with Staples same-day print and marketing services. “Staples has always been focused on making things easy for our customers, and our partnership with Party City takes that promise into …
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