Sunday, December 22, 2024
Read the Digital Magazines
Subscribe

Massachusetts

Stop & Shop
Investment salesMassachusettsNews

JLL Arranges $44.3 Million Sale of Grocery-Anchored Center in Suburban Boston

by Julia Sanders

Braintree, Mass. — JLL Capital Markets has arranged the $44.2 million sale of Stop & Shop Plaza, a 173,798-square-foot neighborhood shopping center in Braintree, roughly 13 miles outside Boston. Nat Heald, Chris Angelone and Zach Nitsche of JLL represented the undisclosed seller in the disposition of the property to Sterling Organization. Situated on 18.8 acres at 238-310 Grove St., the center was home to tenants including Stop & Shop, CVS/pharmacy, Town Fair Tire, The Paper Store and Crunch Fitness at the time of sale.

Continue Reading
0 FacebookTwitterLinkedinEmail
BJ's
Investment salesMarylandMassachusettsNews

Inland Private Capital Sells Two BJ’s Wholesale Club-Occupied Properties in Massachusetts, Maryland

by Julia Sanders

Attleboro, Mass. and Baltimore — Inland Private Capital Corp. (IPC) has sold two BJ’s Wholesale Club locations in Massachusetts and Maryland. IPC facilitated the sale on behalf of its 1031 investment program East Coast Wholesale Portfolio DST. The portfolio includes a 115,660-square-foot BJ’s Wholesale Club located at 287 Washington St. in Attleboro, Massachusetts; and an 89,348-square-foot BJ’s Wholesale Club located at 4701 O’Donnell St. in Baltimore. The buyer and terms of the transaction were undisclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMassachusettsNews

IPA Negotiates Sale of 56,832-Square-Foot Grocery Store in Metro Springfield

by Julia Sanders

Belchertown, Mass. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the $14.6 million sale of a 56,832-square-foot retail property occupied by Stop & Shop in Belchertown, roughly 18 miles outside Springfield. The buyer and seller were not disclosed. Jim Koury and Marty Cohan of IPA brokered the deal.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMassachusettsNews

Bulfinch, Harrison Street Acquire 94,000-Square-Foot Retail Property in Metro Boston

by Julia Sanders

Natick, Mass. — An affiliate of Bulfinch Cos., in partnership with Harrison Street, has purchased a 94,000-square-foot retail property in the western Boston suburb of Natick. Neiman Marcus currently occupies the two-story building, which is contiguous to Brookfield Properties’ Natick Mall, but plans to vacate the space in September. The new ownership plans to redevelop the property but did not share specific plans.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMassachusettsNews

Sterling Organization Purchases Metro Boston Retail Center for $44.3 Million

by Julia Sanders

Braintree, Mass. — Sterling Organization has purchased Tedeschi Plaza, a 174,344-square-foot retail center in the southern Boston suburb of Braintree, for $44.3 million. A 66,124-square-foot Stop & Shop grocery store anchors the property. Additional tenants include CVS/pharmacy, Crunch Fitness, Sherwin Williams, Dunkin’ and Citizens Bank. JLL represented the seller, Black Creek Group, in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
Highland Plaza
Investment salesMassachusettsNews

Atlantic Capital Arranges Sale of 112,869-Square-Foot Shopping Center in Metro Boston

by Julia Sanders

Easton, Mass. — Atlantic Capital Partners has arranged the sale of Highland Plaza, a 112,869-square-foot shopping center in Easton, located about 30 miles south of Boston. Regional grocer Big Y anchors the property, which was 96 percent leased at the time of sale, with a 56,519-square-foot store. Other tenants include T.J. Maxx and Liberty Mutual. Justin Smith, Chris Peterson, Sam Koonce, Molly Lynch and Ben Starr of Atlantic Capital Partners represented the seller, Phillips Edison & Co., in the deal. The team also procured the undisclosed buyer.

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingMassachusettsNews

Wayfair to Open Three Brick-and-Mortar Stores in Metro Boston

by Julia Sanders

Boston — Wayfair will open three brick-and-mortar stores in the Boston area in 2022. The first two stores will be located within open-air centers owned by WS Development in Lynnfield and Dedham, and will carry the company’s AllModern brands. The third store will be located within Simon Property Group’s Burlington Mall and will carry the company’s Joss & Main brand. Wayfair plans to open more stores to support other brands over the next two years.

Continue Reading
0 FacebookTwitterLinkedinEmail
Sharon Mass
LeasingMassachusettsNews

Fitness Tenant Opens at 103,000-Square-Foot Retail Center in Eastern Massachusetts

by Julia Sanders

Sharon, Mass. — Burn Boot Camp has opened in a 5,000-square-foot space at Sharon Marketplace, a 103,000-square-foot grocery-anchored retail center owned by Capital Group Properties in Sharon. The shopping center is fully leased to tenants including Shaw’s Grocery Store, Liquor World, Dunkin’, Citizens Bank, KinderCare Childcare Services, TT Nail Salon, Kumon Learning Center and Marathon Physical Therapy.

Continue Reading
0 FacebookTwitterLinkedinEmail
Allston Yards
DevelopmentMassachusettsNews

New England Development to Break Ground on 1.2 Million-Square-Foot Allston Yards Mixed-Use Project in Boston

by Julia Sanders

Boston — New England Development, in partnership with Stop & Shop, Bozzuto and Southside Investment Partners, will soon break ground on Allston Yards, a 1.2 million-square-foot mixed-use project in the Allston neighborhood of Boston. The site currently houses an older but still-operating Stop & Shop store and parking lots, which will be redeveloped. Built in multiple phases, Allston Yards will feature a 165-unit apartment building; a new Stop & Shop grocery store; 117,000 square feet of retail and restaurant space; 350,000 square feet of office and lab space; and a …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentMassachusettsNews

Floor & Décor to Open 70,000-Square-Foot Store in Suburban Boston on Sept. 23

by Julia Sanders

Waltham, Mass. — Floor & Décor will open a 70,000-square-foot store at 80 Second Ave. in the western Boston suburb of Waltham on Thursday, Sept. 23. The store, which will be the retailer’s third location in Massachusetts, will include warehouse space and a design center. Floor & Décor has hired about 50 full- and part-time associates to work at the store.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts