NEREJ

07-27-12

The New England Real Estate Journal is the largest commercial real estate news source in the United States. Covering commercial real estate companies, people, and deals in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

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Representing more than 4 Million Sq. Ft. Investment Sales, Development & Leasing Shopping Centers (860) 529-9000 www.newenglandretail.com facebook.com/nerejournal twitter.com/nerej nerej.com/gplus nerej.com Quick Read 10,445 s/f Rite Aid for $2.325m Section B New England Real Estate Journal July 27 - August 2, 2012 ROSS REPS BUYER, LUCY DEDHAM LLC; BARKER REPS SELLER, NISSAN REALTY Services sells R.E. Advisors broker $14.1m sale GFI Realty NAI Hunneman and Boston GFI Realty Services has completed the sale of 1395 Middletown Ave., a free standing NNN lease Rite Aid, for $2.325 million. SEE PAGE 2B Project of the Month Pages 12 - 13 Bierbrier Dev. begins permitting and leasing for Needham Street Village DEDHAM, MA According to NAI Hunneman, its investment sales group co-brokered the sale of 945-947 Providence Hwy. NAI Hu n n ema n executive vice p r e s i d e n t / principal Da- vid Ross rep- resented the buyer, Lucy Dedham LLC, David Ross while Craig Barker from Boston Real Estate Advisors represented the seller, Nissan Realty LLC. Located on Rte. 1 across from Legacy Place, 945-947 Providence Hwy. is home to a newly constructed 12,900 s/f CVS along with a Sover- eign Bank branch. Johnston and Holmes of R.W. Holmes sell 135 Maple St. for $1.375m Locals Hospitality LLC opens Locals Restaurant & Pub NORTH HAMPTON, NH Locals Hospital- ity LLC is opening a new restaurant at 215 Lafayette Rd. The owners of Lo- cals Hospital- ity LLC have been operating restaurants for 13 years and are excited to announce they will be open- ing their fi rst restaurant. Jean Kane Locals Restaurant and Pub will 28 Pages Question of the Month ...............11 Project of the Month ............ 12-13 Space Available .................... 22-24 Retailers Seeking .......................25 Digital Edition nerej.com Printed on recycled paper MARLBOROUGH, MA Craig Johnston, senior vice president and Garry Hol- mes, president of R.W. Holmes Realty represented Bonazzoli Re- alty Trust and procured the Buyer Gremar Realty Trust in the sale of 135 Maple St. for $1.375 mil- lion. Craig Johnston 135 Maple St. is an 18,116 s/f retail building situated on 1.3 acres, Mon- nick Supply Co. Inc, will renovate and occupy the building as a local hardware store. Monnick Supply Co Inc., with two locations, is a family-owned full ser- vice hardware store. R.W. Hol- Garry Holmes mes Realty has assisted cor- porations and investor/de- velopers with their local, national, and international real estate needs. R.W. Holmes specializes in prop- erty leasing, investment sales, tenant representation, consulting and asset management. feature a casual family friendly at- mosphere, serving locally sourced American cuisine. Jean Kane of The Kane Company listed the space and Craig Frank of NAI Norwood Group procured the tenant. The Kane Co. is a leading com- mercial and industrial real estate services company offering brokerage, development, real estate develop- ment, property management and consulting services. Faulkner of Bean Group leases 3,000 s/f PORTSMOUTH, NH Portsmouth Book & Bar has leased 3,000 s/f of retail space on the fi rst fl oor of the Customs House Building at 40 Pleasant St. Portsmouth Book and Bar anticipates a September opening as a bookstore cafe with an old-world ambience. Janet Faulkner of Bean Group Commercial represented Portsmouth Book and Bar in this transaction. Arthur Pappas of Prudential Verani represented the landlord.

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