Matt Halprin, Senior Vice President of New England Retail Properties, Inc. is pleased to announce the sale of 801 Male Road in Wind Gap, Pennsylvania. The property was sold to an undisclosed buyer for $2,020,000. The Wind Gap property consists of a 92,241 square-foot freestanding multi-tenant building. The property was home to the former Kmart. New England Retail Properties secured the buyer on behalf of the seller, Kin Properties.
New England Retail Properties, Inc., brokers sale of land in Middletown, CT for $900,000 to Connecticut Self Storage of Middletown, LLC. The buyer is based in Connecticut and is an experienced self-storage operator with multiple locations. The land is located behind the Tractor Supply Co. store located at 815 Newfield Street in Middletown, Connecticut and consists of 6.39 acres. The property is approved for 70,000 square feet of self storage that is to be built in the near future.
Tractor Supply Company celebrated the Official Grand Opening of their new store in Stafford, CT on January 18th, 2020. The Grand Opening ceremony included appearances from radio personality Damon Scott of Country 92.5, Maggie the Mini Pony and complimentary popcorn from Pop Mama. The festivities were followed by a ribbon cutting ceremony where General Manager, Shawn Mailhoit, cut the ribbon symbolizing the official grand opening. District Manager Rich Warren was also in attendance. Prizes and discounts were also given out during the event.
The Stafford Tractor Supply Co. store, located at 54 West Stafford Rd., Stafford, CT was developed by Penny Lane LLC an operating company of New England Retail Properties Inc. who have developed multiple Tractor Supply Co. stores throughout New England and New York. Matthew Darling and Mark D’Addabbo spearheaded the [...]
MANCHESTER — The Outback Steakhouse on Hale Road is set to close by the end of the month, a spokeswoman for the restaurant chain’s parent company confirmed Thursday.
Elizabeth Watts, director of communications for Bloomin’ Brands Inc., said the steakhouse’s last day of business will be Jan. 26. Most employees will transfer to a nearby restaurant, Watts said, and those who do not will receive a severance package.
“Closing a restaurant is never easy,” she said in a statement. “This decision was made based solely on business circumstances and has no reflection on the employees or management team. We truly appreciate the community’s support the past 25 years.”
Outback Steakhouse, an Australian-themed casual dining chain best known for its cuts of beef and signature “bloomin’ onion” appetizer, opened its location at 170 Hale Road, [...]
Matt Halprin, Senior Vice President of New England Retail Properties, Inc. is pleased to announce the sale of the former Toys “R” Us located at 1686 Boston Road (Route 20) in Springfield, MA. New England Retail Properties exclusively represented the seller of the property, Florida based Springsan Company. New England Retail Properties secured the buyer on behalf of the seller. The East Springfield property consisting of a 42,700 square-foot building on approximately 4.38 acres sold to OSJ of Springfield LLC.
The property will become the future home to Ocean State Job Lot, the largest closeout retailer in the Northeast. The company based in North Kingston, Rhode Island operates 139 stores throughout New England, New York, New Jersey and Pennsylvania. Ocean State Job Lot is presently located at 1534 Boston Road [...]