Lexington, MA February 13, 2019- Summit Realty Partners, Inc. is experiencing a favorable retail leasing environment with several new shopping center lease transactions with service, financial and fitness tenants at the start of the New Year.
Newburyport Five Cents Savings Bank signed a lease for a new branch at Hannaford Supermarket Plaza in Exeter, NH. Their newest location will open early spring 2019 and will feature 2,486 square feet of space. This bank was founded in 1854 and currently has nine locations in both Massachusetts and New Hampshire, and over $860 million in assets.
SPENGA, a popular fitness concept that combines spin, strength training and yoga signed a lease for a new location at 493-495 Amherst Street in Nashua, NH. This 3,672 square foot facility will offer 60 minute sessions that boost endurance, strengthen muscles and restore the body through a combination of spin, HITT training and yoga. Todd Alexander of Newmark Knight Frank represented the tenant.
SportClips, a national haircut franchise that primarily caters to men and boys signed a lease for a new location at Northgate Plaza in Portland, ME. This 1,700 square foot location will feature SportClips nationally recognized interior and will fill a void in the shopping center for men’s haircuts. Seth Lerner of Lerner Real Estate represented the Tenant.
Excel Dental, a multi-unit General Dentist practice has signed a lease at 49 Jackson Street in Methuen, MA. Their newest location will be 1,649 square feet and is set to open in fourth quarter of 2019. This will be the 3rd location for Excel Dental, with existing practices in Lowell, MA and Billerica, MA.
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 Chris McMahon at 781.862.9700 / cjm@sumrp.com. We look forward to hearing from you.