PEABODY — It’s “old, blighted and dilapidated,” according to Ward 5 Councilor Joel Saslaw. But within two years he expects Bonkers plaza on Lowell Street to be “revitalized and brought back to life,” thanks to efforts by Yebba Realty Ventures. “And that’s what we’re looking for in the city,” he added. “The whole area,” agreed
PEABODY — This city may be going Bonkers in a big way. Under a new plan filed with the city, the owner of the plaza containing Bonkers Funhouse, the popular Lowell Street family entertainment center, is asking permission to demolish that building and relocate it elsewhere in the plaza. Read the full article at The
In an era when outlet center expansions of 50,000- sf to 150,000-sf are becoming common, a 15,000-sf expansion might not seem like much – unless it connects to three of the busiest storefronts in town. And that’s just what’s happening at Freeport (Maine) Village Station, where construction will be starting in March 2016, and new
February 2015 – Denney Block LLC Closed loans with Brookline Bank and Fidelity Investments which total $12.8M. The funds were used to acquire the Denney Block properties and to construct the new infill building at 56A Main Street in Freeport Maine.
February 2015 – YRV has Closed a $750,000 loan with Berkshire Bank. The proceeds were used to purchase the Denney Block properties.
January 2015 – YRV has commenced with the entitlement process to construct a new infill building between 56 and 58 Main Street in Freeport Maine. The new building will create modern space, a roof-top restaurant deck, provide elevator access to existing tenant spaces in the adjacent buildings, and seating for a bus-stop that will accommodate
Second Quarter 2015 – YRV announces plans to commence with the entitlement process to redevelop the 535 Lowell Street property into a modern open-air shopping center. Additional nationally known tenants will be added to the merchandising mix of the new center.
Fourth Quarter 2014 – YRV announces the completion of a new lease with Kay’s Jewelry Outlets (3,000 sq. ft.) and an extension with Haggar Factory Outlet Stores (3,850 sq. ft.) at Freeport Village Station in Freeport Maine. Kay’s was represented by Dartmouth Company, and YRV cooperated with The Serwer Company LLC on the Haggar transaction.
May 15, 2015 – Yebba Realty Ventures has been hired by the Denney Block LLC to lease the properties located at 52-56, 58-60 and 66 Main Street in Freeport Maine. YRV will also represent the Partnership in the permitting and development of a 13,000 sq. ft. infill building at 56A Main.
May 15, 2015 – The Yebba / Berenson partnership acquires the Denney Block properties located at 52-56, 58-60 and 66 Main Street in Freeport Maine. The partnership, known as Denney Block Freeport LLC, has commenced with municipal entitlements to construct a new infill 13,000 sq ft building between the existing 56 and 58 Main Street
