Summit Realty Partners, Inc. Announces Multiple New Leases with Tropical Smoothie Cafe & Finalizes its 20th Transaction

Lexington, MA: February 8, 2024: Summit Realty Partners, Inc. is pleased to announce four recent retail lease transactions with Tropical Smoothie Café, which brings the total number of leases that Summit Realty Partners, Inc. has completed with Tropical Smoothie Café to twenty. Travis Ginsberg and Chris McMahon from Summit Realty Partners, Inc. have worked closely with Tropical Smoothie to fulfill their real estate goals throughout New England.

A multi-unit franchisee of Tropical Smoothie Café has signed lease agreements to enter three new retail markets including Keene, NH, Nashua, NH and Haverhill, MA. All three are located in dominant shopping centers with top performing grocery stores. A separate multi-unit franchisee has signed a lease in a CVS anchored center located in Fairhaven, MA.  The Fairhaven, MA lease represents a relocation of an existing Tropical Smoothie Café within the Fairhaven retail market.

Tropical Smoothie Café is a fast-casual restaurant that offers fresh smoothies, açai, chia and yogurt bowls, wraps, salads, sandwiches, flatbreads and more in a casual, comfortable setting. To date, Tropical Smoothie Café has over 1,400 cafés across the country, with many more in development.

Real Estate Requirements: Tropical Smoothie Café is seeking additional locations in Massachusetts, New Hampshire, Connecticut and Rhode Island. Size ranging from 1,300 to 2,000 +/- sf with a preference of grocery anchored shopping centers or strip centers with existing fast casual restaurant tenants. Drive-through opportunities are preferred, but not required.

With over 25 years of experience, Summit Realty Partners Inc. is a full service commercial real estate firm headquartered in Lexington, Massachusetts. For more information, please visit www.summitrealtypartners.com or contact 781.862.9700 / go@sumrp.com. We look forward to hearing from you.

Posted on February 8, 2024