Burlington, Mass. — Atlantic Capital Partners has arranged the sale of Middlesex Marketplace, a 38,243-square-foot shopping center in Burlington, a northern suburb of Boston. Built in 2013, the property was 89 percent leased at the time of sale. Tenants at the center include Smith & Wollensky, Visionworks, Ideal Image and AFC Urgent Care. Justin Smith, Chris Peterson and Matt Ericson of Atlantic Capital Partners represented the seller and procured the buyer in the transaction.
Wrentham, Mass. — Five new tenants have signed leases at Wrentham Village Premium Outlets in Wrentham. Pottery Barn is scheduled to open later this month at the property, which is also home to sister brand West Elm Outlet. Apparel retailers OFFLINE by Aerie, Hollister Co. and Gilly Hicks have also signed leases at the property. OFFLINE by Aerie will open this summer, and Hollister Co. and Gilly Hicks are scheduled to open this fall. Additionally, Shake Shack will open a restaurant in late winter of this year. Wrentham Village Premium Outlets …
Cambridge, Mass. — New England Development has announced plans to open CanalSide Food + Drink, a new food hall in Cambridge, approximately one mile outside Boston. Situated within the developer’s CambridgeSide mixed-use development, the food hall is scheduled to open this fall. CanalSide will feature a bar — dubbed C-Side Bar — as well as 14 eateries. Announced concepts include anoush’ella, Caffé Nero, Chilacates, DalMoros Fresh Pasta To Go, Fresh, InChu, Lala’s Neapolitan-ish Pizza, Nu Burger, Sapporo Ramen and Teazzi Tea Shop. RODE designed the food hall, with Whiting Turning serving …
Watertown, Mass. — Seven new tenants have signed leases at Arsenal Yards, a mixed-use development in Watertown, roughly 10 miles outside Boston. J.Crew Factory and Jersey Mike’s Subs are now open at the property. Additionally, Butterbird, Splash and Dash, Marvelous Cuts, Medium Rare and Squeeze Massage are scheduled to open later this year. Arsenal Yards, which is developed by Boylston Properties and Wilder Cos., totals more than 1 million square feet and features life sciences, residential and hospitality uses, in addition to retail and restaurant space.
Boston — Mark Taylor has joined Boston-headquartered Horvath & Tremblay as an executive vice president. Taylor’s experience includes 35 years in commercial real estate brokerage, including previously serving as senior managing director of investments at a national firm. He has brokered over $3.5 billion in investment sales across 42 states.
Marlborough, Mass. — BJ’s Wholesale Club, a Massachusetts-based operator of member retail warehouse locations, plans to open five new clubs in the Southeast and Indiana this fiscal year, which ends Feb. 1, 2025. The new clubs will be located in Maryville, Tennessee, a suburb of Knoxville; Myrtle Beach, South Carolina; Palm Coast and West Palm Beach in South Florida; and Carmel, Indiana, a suburb of Indianapolis. Earlier this month, the company announced its plans to open a new store near Jefferson Mall in Louisville, Kentucky. BJ’s Wholesale Club’s current portfolio comprises …
Acton, Mass. — Marcus & Millichap’s Institutional Property Advisors (IPA) has brokered the $21 million sale of Brookside Shops, a 75,529-square-foot shopping center located in Acton, roughly 30 miles outside Boston. Trader Joe’s anchors the property. Jim Koury of IPA arranged the transaction on behalf of the undisclosed seller. Crosspoint Acquisitions acquired the center.
Boston — Ironside Realty has acquired a 3,300-square-foot single-tenant property located in downtown Boston. 7-Eleven occupies the property on a net-lease basis. A broker represented the undisclosed seller in the transaction, and Ironside was self-represented.
Boston — J. Safra Real Estate, an affiliate of international banking and investment firm Safra Group, has agreed to acquire the historic Faneuil Hall Marketplace in downtown Boston. Faneuil Hall traces its origins to 1742, when the site served as a meeting ground and a center of commerce for Boston residents and visitors. Today, the development is home to more than 80 individual businesses. The seller is Ashkenazy Acquisition Corp.
Boston — Lendlease has signed leases with three food-and-beverage concepts at Clippership Wharf, a mixed-use residential development situated on a seven acres in Boston. Italian restaurant Mida and barbecue concept The Smoke Shop both opened restaurants at the property this summer, occupying 2,900 and 4,000 square feet, respectively. Café Iterum also opened at the development in late 2021, leasing a 1,100-square-foot space and an additional 1,400-square-foot patio. The retail space at the property is now fully occupied.