articles

Winstanley pays $50M for Windsor Locks bldg.

Massachusetts landlord-developer Winstanley Enterprises says it has acquired a one-million-square-foot grocery-distribution facility in Windsor Locks for $50 million. Principal Adam Winstanley said Wednesday his company closed Tuesday on its purchase of the 1,079,000-square-foot building at 500 North St. CBRE-New England brokered the deal. The building is leased long term to Massachusetts supermarket chain Stop & […]

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Sonic Drive-in could open this August in Stoughton Copy

The planned opening date has been delayed several times, but a vice president of the company that owns the Route 138 plaza said they’ve turned the project over to the franchisee. STOUGHTON – Rumors began swirling about two years ago that Sonic Drive-in could open it’s first location south of Boston – in the Brockton […]

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Chelmsford apartments expansion wins OK

CHELMSFORD — The Planning Board has approved a major modification that will add a fourth floor of units to a downtown housing development. The board approved the special permit modification for the Grist Mill Apartments in a 5-2 vote. The approval will increase the units from 54 to 70 at the market-rate rental development. WE […]

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CT tops in Winstanley’s $124M realty deal

One of New England’s biggest commercial landlords is deepening its bet on the U.S. future of electronic and rapid commerce with its $124 million purchase of a pool of warehouse-distribution properties primarily in northern Connecticut and southern Massachusetts. Winstanley Enterprises announced its acquisition this week of 10 commercial properties, including toy-block maker Lego’s U.S. headquarters […]

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Chelmsford Town Center Grand Opening

Smaller, more modern, a Chelmsford plaza revived By Alana Melanson, amelanson@lowellsun.com Lowell Sun Updated:2016-10-23 05:54:38.951 CHELMSFORD — About five years ago, Chelmsford reeled with uncertainty as major retailers vacated the town center. “We had known Stop & Shop was building out on Chelmsford Street,” Town Manager Paul Cohen said. “I think we assumed the place […]

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Developer says 90 jobs coming to former Hallmark warehouse

By Will Healey Journal Inquirer | Posted: Friday, August 12, 2016 12:23 pm ENFIELD — The new owner of the former Hallmark Cards distribution center at 25 Bacon Road says it has plans for two as-yet-unidentified companies — at least one of which is on the Fortune 500 list — to occupy a big warehouse […]

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Housing sought for downtown Chelmsford

CHELMSFORD — Winstanley Enterprises successfully transformed the former Stop & Shop plaza on Boston Road into Chelmsford Town Center, a popular retail and dining spot. Now, the Concord-based firm has its sights set on creating a 54-unit, market-rate apartment development just down the street. The proposed Grist Mill Apartments at Beaver Brook would occupy about […]

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Second Chance for Secondary Retail

Even in an environment where interest rates are at an at all-time low, liquidity an all-time high and capital in plentiful supply for even non-core retail, widely divergent opinions exist among various retail investment camps on how best to take advantage of opportunities in the current market. That much was clear from a panel discussion […]

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