Newington, N.H. — Morgan Stanley has sold Mall at Fox Run, a 250,000-square-foot mall located in Newington, to Torrington Properties. Tenants at the property include Seacoast Cars & Coffee, Aeropostale, American Eagle, Bath & Body Works, H&M, LOFT, Men’s Wearhouse and Yankee Candle. The buyer previously completed the $11.5 million purchase of a 130,400-square-foot vacant former Sears store at the property in October 2022 and has plans to transform the mall into a mixed-use development.
Enosburg Falls, Vt. and Somersworth, N.H. — Two Tractor Supply Co. Stores comprising 19,097 square feet each have opened in Vermont and New Hampshire. The two stores also each feature 20,000 square feet of outdoor display, retail and garden space. Subsidiaries of New England Retail Properties — both owned and headed by chief executive officer Matt Halprin — have completed the ground-up development of the two properties, following six months of construction. Located in Enosburg Falls, the Vermont store was developed by Enosburg Development Partners LLC. Somersworth Development Partners LLC …
Atlantic Capital Partners Arranges Sale of 233,008-Square-Foot Former Sears Building in Salem, New Hampshire
Salem, N.H. —Atlantic Capital Partners has arranged the sale of a 233,008-square-foot retail building formerly occupied by Sears in Salem, located roughly 30 miles north of Boston. The building is situated within the 1 million-square-foot Rockingham Park Mall and currently houses Cinemark Theatres and Dick’s Sporting Goods, which have backfilled 53 percent of the space. Justin Smith, Sam Koonce and Cole Van Gelder of Atlantic Capital Partners represented the seller in the transaction. Additional terms of sale were not disclosed.
Atlantic Capital Partners Negotiates $10.7 Million Sale of Shopping Center in Hooksett, New Hampshire
Hooksett, N.H. — Atlantic Capital Partners has negotiated the $10.7 million sale of a 155,820-square-foot shopping center in Hooksett, a northern suburb of Manchester. A 94,500-square-foot space formerly occupied by Kmart anchors the center, and other tenants include Applebee’s, Dollar Tree and New Hampshire Liquor & Wine Outlet. Justin Smith, Sam Koonce and Cole Van Gelder of Atlantic Capital Partners represented the seller, RK Centers, and procured the buyer, Brady Sullivan Properties, in the transaction.
Newington, N.H. — Atlantic Capital Partners has arranged the sale of a 127,058-square-foot retail building formerly occupied by Sears in Newington, located in the southeastern part of New Hampshire. The building is situated within Fox Run Mall. Justin Smith, Chris Peterson, Sam Koonce and Cole Van Gelder of Atlantic Capital Partners represented the buyer and seller in the transaction.
Jersey City, N.J. — Copper Property CTL Pass Through Trust has sold seven JCPenney retail locations on the East Coast in three transactions totaling $65.2 million. The assets include stores in Delaware, Maryland, New Hampshire and Virginia. The buyers were not disclosed. Copper Property is a New York common law trust that was established to acquire 160 retail properties and six warehouse distribution centers from department store chain JCPenney as part of the retailer’s Chapter 11 reorganization plan. The stores are located at the following malls and shopping centers: Christiana …
Portsmouth, N.H. — RPT Realty has acquired The Crossings, a 510,000-square-foot retail power center located near the Massachusetts-New Hampshire border in Portsmouth, for $104 million. The open-air center was 95 percent leased at the time of sale, with grocers Trader Joe’s and Aldi anchoring the property. Other major tenants include Dick’s Sporting Goods, Best Buy, Kohl’s, Five Below, Ulta Beauty, Chipotle Mexican Grill and McDonald’s.
Newington, N.H. — JLL Capital Markets has arranged the $104 million sale of The Crossings, a 509,749-square-foot retail center anchored by Trader Joe’s and Aldi in Newington. Dave Monahan, Chris Angelone, Nat Heald, Cameron Pittman and Zach Nitsche of JLL represented the undisclosed seller in the disposition of the property to RPT Realty. The center was 95 percent leased at the time of sale to tenants including Best Buy, Ulta Beauty, Five Below, Kohl’s, Michael’s, Dick’s Sporting Goods, PetSmart, Old Navy, Barnes & Noble, Staples, Regal Cinemas and Chipotle Mexican …
Atlantic Capital Partners Negotiates Sale of 39,750-Square-Foot Shopping Center in Southern New Hampshire
Nashua, N.H. — Atlantic Capital Partners has negotiated the sale of 270 Amherst Street, a 39,750-square-foot shopping center located near the Massachusetts-New Hampshire border in Nashua. Anchored by German discount grocer Aldi, the property was 86 percent leased at the time of sale. Justin Smith, Sam Koonce and Molly Lynch of Atlantic Capital Partners represented the seller, Saxon Partners, and procured the buyer, Linear Retail, in the transaction.
Belmont, N.H. — McLaughlin Investments has negotiated the $7.8 million sale of Belknap Mall, a 235,000-square-foot shopping center in Belmont, located 34 miles from Manchester. Grocer Shaw’s anchors the property with a 38,500-square-foot store. Other tenants include Job Lots, Planet Fitness, Clear Choice Medical Clinic, Jo-Ann Fabric, Verizon Super Cuts and Dunkin’. John McLaughlin of McLaughlin Investments represented the buyer, Vernet Properties LLC, in the transaction. The seller, Belknap Realty, was represented in-house.