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New Hampshire

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Company newsInvestment salesMichiganNew HampshireNews

C&S Wholesale Agrees to Acquire SpartanNash in $1.8 Billion Grocery Merger

by Abby Cox

Keene, N.H. and Grand Rapids, Mich. — C&S Wholesale Grocers, a New Hampshire-based food supplier whose brands include Piggly Wiggly and Grand Union, has agreed to acquire Michigan-based SpartanNash, owner of brands such as Our Family and Full Circle Market, in a merger valued at nearly $1.8 billion. The figure represents a purchase price of $26.90 per share of SpartanNash common stock in cash and includes the assumption of SpartanNash’s existing debt. The price marks a 52.5 percent premium over the company’s closing price of $17.64 per share on June …

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The Mall at Rockingham Park
DevelopmentLeasingNew HampshireNews

Five New Tenants to Join The Mall at Rockingham Park in Metro Boston

by Abby Cox

Salem, N.H. — Five new tenants have signed leases to join The Mall at Rockingham Park, a 1 million-square-foot regional shopping center located in Salem, roughly 30 miles north of Boston. LOFT has already opened at the property, while Kendra Scott and OFFLINE by Aerie will be opening in the fall. Caffe Nero and Five Below are expected to open this summer. Additionally, Lululemon plans to expand its current retail space at the property. Simon owns and operates The Mall at Rockingham Park, which comprises more than 150 stores. Construction …

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South Willow Shops
Investment salesNew HampshireNews

Horvath & Tremblay Brokers $5.2 Million Sale of Shopping Center in Manchester, New Hampshire

by Abby Cox

Manchester, N.H. — Horvath & Tremblay has arranged the $5.2 million sale of South Willow Shops, a 9,869-square-foot retail center located in Manchester, approximately 18 miles south of Concord. Originally built in 1988, the property is fully leased to four tenants including Chipotle Mexican Grill, Mattress Firm, Hannoush Jewelers and The Great Greek Mediterranean Grill. All tenants at the center operate on net leases with scheduled rent increases. Bob Horvath, Todd Tremblay and Aaron Huntley of Horvath & Tremblay represented the seller and procured the buyer in the transaction.

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Taco Bell and Aroma Joe's
Investment salesNet leaseNew HampshireNews

Hanley Arranges $1.8 Million Sale of Two Single-Tenant Properties in Manchester, New Hampshire

by Abby Cox

Manchester, N.H. — Hanley Investment Group Real Estate Advisors has arranged the $1.8 million sale of two newly-constructed single-tenant retail properties in Manchester. Located at 525 and 527 Hooksett Road, the buildings are situated on a 1.2-acre parcel and include a 3,450-square-foot Taco Bell and 807-square-foot Aroma Joe’s coffee shop. Both are occupied on a triple-net-lease basis. Hanley’s Jeff Lefko and Bill Asher, in association with ParaSell Inc., represented the Florida-based private buyer in the all-cash, off-market transaction. The seller was a Burlington, Massachusetts-based private investor.

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Investment salesNew HampshireNews

Grossman Companies Acquires 9,869-Square-Foot Retail Center in Manchester, New Hampshire

by Abby Cox

Manchester, N.H. — The Grossman Cos. (TGCI) has acquired South Willow Shops, a 9,869-square-foot retail center located in Manchester, approximately 18 miles south of Concord. TGCI purchased the property for an undisclosed price via its investment fund HIIPCF II. Linear Retail Properties was the seller. Built in 1988, the center features long time tenants including Hannoush Jewelers, Mattress Firm, Chipotle Mexican Grill, as well as a new restaurant, The Great Greek.

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LeasingNew HampshireNews

Nordstrom Rack to Open 30,000-Square-Foot Store in Nashua, New Hampshire

by Hayden Spiess

Nashua, N.H. —Fashion retailer Nordstrom Inc. has announced plans to open a new, 30,000-square-foot Nordstrom Rack store in Nashua, New Hampshire. Scheduled to open in spring 2025, the store will be situated within Royal Ridge Center. Other tenants at the property include Marshalls, Sierra Trading Post, HomeGoods, PetSmart and The Paper Store. Wilder leases and manages the center. 

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North-End-Shops
Investment salesNew HampshireNews

Horvath & Tremblay Arranges $11.7 Million Sale of North End Shops at Livingston Park in Manchester, New Hampshire

by Katie Sloan

Manchester, N.H. — Horvath & Tremblay has arranged the $11.7 million sale of North End Shops at Livingston Park, a 51,048-square-foot retail center located in Manchester. Bob Horvath, Todd Tremblay, Aaron Huntley and Matt Nadler of Horvath & Tremblay represented the undisclosed seller and procured the buyer in the transaction. Dollar Tree anchors the center, which was developed in 1987 and renovated in 2017. The property is located at 535-555 Hooksett Road and was fully leased at the time of sale. 

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LeasingNew HampshireNews

Anthropologie Opens 7,685-Square-Foot Store at The Mall at Rockingham Park in New Hampshire

by Hayden Spiess

Salem, N.H. — Anthropologie has opened a new store at The Mall at Rockingham Park in Salem. Totaling 7,685 square feet, this marks the first store in the state for the brand. Simon owns and operates The Mall at Rockingham Park. Other tenants at the mall include FP Movement, DICK’s House of Sport and Earthbound Trading Co. 

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LeasingNew HampshireNews

Anthropologie, FP Movement Sign Leases Totaling 10,125 Square Feet at The Mall at Rockingham Park in Salem, New Hampshire

by Hayden Spiess

Salem, N.H. — Retailers Anthropologie and FP Movement, the activewear branch of Free People, have signed leases at The Mall at Rockingham Park in Salem. Anthropologie will occupy 8,000 square feet, and FP Movement will occupy 2,125 square feet. Scheduled to open this fall, the stores will mark the first in the state for both brands. Simon is the owner and landlord of the property. 

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Grocery-anchoredInvestment salesNew HampshireNews

IPA Arranges $16.6 Million Sale of 82,292-Square-Foot Retail Center in New Hampshire

by Hayden Spiess

Merrimack, N.H. — Marcus & Millichap’s Institutional Property Advisors (IPA) has arranged the sale of Merrimack Village Center, an 82,292-square-foot retail center located in Merrimack, roughly 50 miles northwest of Boston. An entity doing business as Merrimack Village Center LLC acquired the property for $16.6 million. Shaw’s anchors the center, which was constructed on 10 acres in 2006. Other tenants include Dental Designs of New England, KT Cleaners, Sweet Ginger, Pizzico, Subway, Hana, Bliss Nail Salon, Smoker’s Haven and Supercuts. The property was 99 percent occupied at the time of sale. …

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