Stoughton, MA: April 3, 2019:  Summit Realty Partners, Inc. is pleased to announce the completion of a 0.54 +/- sf land lease with Harbor One Bank at 470 Washington Street in Stoughton, MA.

Harbor One Bank entered into a long-term land lease for the previously undeveloped land at the corner of Washington Street (Route 138) and Phillips Avenue. The bank then proceeded to permit and develop a state-of-the-art 2,100 +/- sf retail bank branch with double drive thru. Harbor One Bank opened this new location on March 4, 2019, which marks the banks 25th location. 470 Washington Street is a corner lot located on heavily traveled Route 138 at the center of the busy Stoughton retail corridor. Neighboring national retailers include Stop & Shop, Price Rite, Advanced Auto, Dollar Tree, CVS and more. The surrounding area is densely population with over 140,000 people living within a five-mile radius. Chris McMahon and Travis Ginsberg of Summit Realty Partners represented the landlord in this transaction.

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.