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 and will be relocating to the new space.

About Ocean State Job Lot

Founded in 1977, [...]

NAUGATUCK, CT — The Tractor Supply Company store and property located at 1160 New Haven Road has recently sold for $5.375 million, according to Matt Halprin, Senior Vice President of New England Retail Properties, Inc.

The property consists of a 19,097 square-foot building along with a 15,000 square-foot outdoor sales area on 4.16 acres. The Naugatuck store opened with a “warm welcome” from the local community in 2017, officials said. The seller was Naugy Doggy Development LLC., a subsidiary of New England Retail Properties, Inc., the purchaser was a Minnesota based REIT. The business will remain in Naugatuck.

About Tractor Supply Co.

Tractor Supply Company is the largest operator of rural lifestyle retail stores in America. Founded in 1938 as a mail order tractor parts business, Tractor Supply Company (also referred to as TSC) [...]

CALVERTON, NY — A Tractor Supply Company location has opened in Calverton. Tractor Supply Company, or TSC, known as the largest retail farm and ranch supply chain in the United States, celebrated the grand opening of its second store on Long Island on Oct. 19, a release said.

The first TSC on Long Island opened in Medford last year, said New England Retail Properties, the company that brought both locations to the area.

Located at 4331 Middle Country Road, or Route 25, in Calverton, TSC officially opened its doors to the public on Oct. 4. The grand opening featured farm animals from a local co-op including goats and llamas. Local Long Island radio station “My Country” 96.1 was also in attendance with games and prizes.

The 19,097-square foot store has everything customers need [...]

Matt Halprin, Senior Vice President of New England Retail Properties, Inc., brokers sale of land located at 1799 Meriden-Waterbury Turnpike in Southington, CT for $750,000 to Michigan based hospitality group. The hospitality group has over 318 restaurants throughout 16 states. Pat Gallagher of Atlantic Retail Properties represented the purchaser. The land is located on Route 322 in front of the AMC Southington 12 movie theater and consists of 1.47 Acres.

The property will become home to a new Wendy’s franchise that is slated to open in early 2020. Wendy’s is best known for its made-to-order square hamburgers using fresh, never frozen beef, freshly-prepared salads with hand-chopped lettuce, and other signature items like chili, baked potatoes and the Frosty® dessert. Today, Wendy’s and its franchisees employ hundreds of thousands of people across [...]

Waterford — Tractor Supply Co. has plans to open a retail store in Waterford Commons, in the shuttered Babies R Us store.

The Waterford Planning and Zoning Commission on June 24 approved a request from Brixmor, the management group for Waterford Commons, for modification of an existing site plan and a special permit. This is to accommodate a proposed outdoor display area to support the store, according to records on file with the town.

Calling it a win-win, Waterford Planning Director Abby Piersall told The Day on Wednesday, “It’s a great business. I think they have a real strong following of people who have a strong loyalty to that brand.”

She noted that Tractor Supply had been targeting Waterford, and that Brixmor worked hard to get a tenant into the former Babies R Us space.

Piersall was unsure of the timeline for opening, and a Brixmor spokesperson said Brixmor is unable to provide any details about the [...]