Finard Properties names CBRE-Grossman Retail Advisors Exclusive Leasing Agent for Mohegan Sun Massachusetts Retail Development

BOSTON, July 16, 2013 /PRNewswire/ -- Boston based commercial development and investment company, Finard Properties has announced their partnership with CBRE-Grossman Retail Advisors as exclusive leasing agent for the retail, restaurant, and entertainment component of the proposed Mohegan Sun Massachusetts destination resort casino in Palmer, Massachusetts.  The 300,000 square foot retail and lifestyle complex will be comprised of premier retail stores, fine dining and casual restaurants, nightclubs, and entertainment facilities.

We are proud to announce that CBRE-Grossman Retail Advisors, the region's leading retail property and leasing manager, will lend its expertise to the Mohegan Sun Massachusetts Palmer project," said Todd Finard, chief executive officer of Finard Properties, which has partnered with Mohegan Sun to develop the retail complex as well as an aquatic adventure park and two hotels. "With its unparalleled retail property portfolio and global reach, CBRE is a powerful force bringing further strength and credibility to the Mohegan Sun team as it bids for the Western Massachusetts gaming license. "

"We are delighted to be working on this exciting development with Finard Properties and Mohegan Sun, two first-class organizations," said Howard Grossman, President of CBRE-GRA.  "There's no question that we are creating a dynamic world-class gaming and lifestyle destination with exciting shopping, dining, entertainment and lodging that will draw visitors from near and far."  Grossman's development company, Grossman Development Group, will also join Finard Properties as a development partner in the retail/restaurant/entertainment complex.

For more information about leasing options at Mohegan Sun Massachusetts please contact Howard Grossman at [email protected] or call 617.912.6860.

About Mohegan Sun Massachusetts

Mohegan Sun's world-class destination casino resort in Palmer will bring new jobs and economic growth to Western Massachusetts. The nearly $1 billion project will feature two hotels, aqua entertainment park, casino gaming and branded retail stores and restaurants.  Mohegan Sun Massachusetts will create thousands of jobs – with the majority of the required workforce expected to come from Western Massachusetts. Mohegan Sun has a long-standing commitment to working with local businesses, community leaders and cultural and tourist organizations. Currently, Mohegan Sun spends nearly $500 million dollars annually in goods and services from local vendors near its Connecticut and Pennsylvania facilities. To learn more please visit: http://www.mohegansun.com

About Finard Properties

Finard Properties is a Boston-based commercial real estate investment and development company with a sixty year history of success and an eye on the future.  Entrepreneurial in spirit and approach, the company prides itself in spearheading transformative real estate development projects that create significant value for stakeholders.  Finard Properties is active in the areas of asset acquisition and management, ground-up development, redevelopment, and property repositioning.  To date, the company has focused primarily on the retail, office, and hospitality sectors throughout New England with market presence in the mid-south and western United States. For more information, please visit finardproperties.com

About CBRE-Grossman Retail Advisors

CBRE/Grossman Retail Advisors, LLC (CBRE/GRA) is a joint-venture between CB Richard Ellis – N.E. Partners, LP and Grossman Commercial Real Estate Group, Inc. CBRE/GRA is a full-service retail real estate firm, providing services in Leasing, Property & Asset Management, Capital Markets & Debt Advisory, and Construction & Development.

CBRE/GRA was formed in 2009 to create the premier retail service provider for its clients. CBRE/GRA combines the network and resources of the largest commercial real estate service company in the United States with the focus of local knowledge and expertise. In today's challenging market, CBRE/GRA provides a one-stop source for its retail clients, creating innovative solutions to complex problems facing property owners and developers.  

Lori Moretti or Mindy Valone
CM Communications
P: 617.536.3400
[email protected]
[email protected]

SOURCE Finard Properties