Pizza Hut Joins 3 Other 12A Vacancies
West Lebanon — When the Pizza Hut in West Lebanon closed it doors suddenly last week, it joined at least three other prime commercial real estate locations along the Route 12A commercial strip that are looking for new tenants. The vacancies reflect the challenge of finding new tenants as both the retail and fast-food industries grapple with changes in consumer behavior, as well as financial pressures within the industries themselves,...
Powerhouse Plaza Sold to Mass. Firm
West Lebanon — The Powerhouse Plaza shopping center has been sold for $12.35 million to Eastern Real Estate, a private commercial real estate acquisition, capital investment, project development and asset management firm based in Woburn, Mass. Boston-based Cushman & Wakefield announced the sale on Thursday on behalf of the plaza’s owner, Dead River Properties of Portland, Maine, a division of the Bangor, Maine-based petroleum...
