Summit Realty Partners completes a sale and lease transaction in Easton, MA

Easton, MA: January 21, 2021: Summit Realty Partners is pleased to announce two recent transactions completed at Highland Plaza in Easton, MA.

Starbucks has signed a lease for a brand new, freestanding 2,500 +/- square foot building with drive-thru located on a pad site at 33 Robert Drive. In addition, Avalon Apartments purchased a 2.05 +/- acre pad site located at 49 Robert Drive.

Both pad sites are situated in close proximity to Target, a brand-new AvalonBay community, and Highland Plaza which is anchored by Big Y, TJ Maxx and other established retailers. Easton, MA is a suburban community located approximately 29 miles south of downtown Boston. The site features easy accessibility via the lighted intersection at Roberts Drive, which also conveniently serves as the only entrance to the Target, Highland Plaza and 228-unit AvalonBay community.

Chris McMahon and Travis Ginsberg of Summit Realty Partners represented the landlord, MSCC Easton, LLC and Steve Menty of Atlantic Retail represented the tenant on the lease with Starbucks. Summit Realty Partners represented the seller, Highlands Station LLC, an entity controlled by Phillips Edison & Company on the sale to Avalon Apartments.

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 us at 781.862.9700 X3 / go@sumrp.com.  We look forward to hearing from you.

Posted on January 21, 2021