Home About Archives RSS Feed

Big Y Buys Diesel Dan Property for $4.25M

Staff Reports
image description
Denim Depot will offer low-priced denim products, including jeans, jackets and handbags.
image description
Store owner Tom Quinton poses as the front desk.

LEE, Mass. — Springfield-based supermarket chain Big Y Foods, Inc., has paid $4.25 million for 9.8 acres of property on which it intends to build a new store.

The site, situated between Exit 2 of the Massachusetts Turnpike and the Lee Prime Outlets, was originally home to Diesel Dan’s Travel Complex.

Colebrook Realty Services, Inc. brokered the sale of the property and its improvements.  Colebrook Principals B. John Dill and Mitch Bolotin represented the seller, NortherEdge/Plant One Realty Trust.  According to documents filed in the Registration of Deeds, the closing date was Sept 20.

Big Y plans to develop a 48,000 square-foot supermarket on the site, with 5,000 square feet of additional retail space. The Zoning Board of Appeals voted unanimously on Sept. 1 in  favor of the construction, which is scheduled to begin by the end of the year.

“We are excited to be one step closer to building a Big Y World Class Market in Lee as we continue to move forward with our plans to open this market to better affect customer service strategy for South County,” said Charles L. D'Amour, President and COO of Big Y Foods, Inc., in a statement released by Colebrook today, Oct. 7.

The sale of the property is part of a broader portfolio restructuring on the part of F.L. Roberts & Company, Inc.

According to Steven M. Roberts, President of F.L. Roberts & Company, Inc., “Along came our repurchase opportunity for some of our formerly owned Sunoco station and Colebrook Realty was instrumental in providing a key element to our asset shuffling strategy: a timely Purchase and Sale Agreement with Big Y.  Mitch and Jack did an excellent job in a difficult real estate market.”

Tags: Big Y      

Big Y to Workers: Take 'Vacation'

Staff Reports
image description
Denim Depot will offer low-priced denim products, including jeans, jackets and handbags.
image description
Store owner Tom Quinton poses as the front desk.
image description
Denim Depot will offer low-priced denim products, including jeans, jackets and handbags.
image description
Store owner Tom Quinton poses as the front desk.

NORTH ADAMS, Mass. — Big Y Foods Inc. last week announced that it was asking its full-time employees to take voluntary layoffs. The Chicopee-based grocery chain sent a press release to certain media, it was reported in Masslive on Thursday. iBerkshires did not receive a statement from the company and a phone call to coporate headquarters on Tuesday to confirm if Berkshire County stores were included was not immediately returned.

The chain has three stores in Berkshire County: Adams, North Adams and Great Barrington. It operates 57 stores in Massachusetts and Connecticut.

According to several media outlets that received the statement, the voluntary layoffs were to begin on Monday. The chain has 9,100 workers to did not say how many were full time or how many would be asked to take time off.

The chain closed its East Hartford, Conn., store a year ago, laying off 100 workers, and shed 300 more two months later, saying it was part of a new operational strcture.

According to the company's Web site, it was ranked the second largest employer in Western Mass. in 2006 by Business West and as the eighth-largest private company in the area by Boston Business Journal.

Tags: supermarket, Big Y, layoffs      
Page 1 of 1 1  
News Headlines
Congressman Neal Nominates Hoosac Valley Student to Annapolis
Letter: Milne Friends Thankful for Book Sale Support
Letter: Support Puddester & Kapiloff for Planning Board
Letter: Transparency Critical in Preschool Discussions
Letter: Support Waubeeka Compromise & Sarah Gardner
Letter: Senate Candidate Strongly Against Pipeline
Letter: Answers Needed on North Adams Health Department Backlog
McCann Cutting Costs for Electrical & Solar Array Repairs
Pittsfield Mulls Residency Requirement For Boards and Commissions
Mount Greylock Retirees Address School Committee on Health Insurance

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
July 2015 (1)
Tags:
Store Opening Baldwin Merger Berkshire Enterprises Great Barrington Unemployment North Adams Small Business Sabic Adams Flood Statistics Breakfast Williamstown Talkberkshires Berkshire Living Bj's Qualprint Walmart Berkshire Chamber Of Commerce Berkshire Creative Expansion Wmeco Crane & Co. Gas Prices Jobs Social Media Currency Unemployment Auction Excelsior Sales Tax Statistics State Pittsfield
Popular Entries:
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Excelsior Brings Greeting Card Co. To North Adams
White Hart Inn For Sale for $5M
Williamstown Chamber Seeks Input on Future Role
New Dog Training Center Open in North Adams
Aladco Installs New 'Green' Washing Machine
Storey Publishing to Host Next Creative Challenge
Covanta's Pittsfield Facility Gets High Marks from OSHA
Adams Co-Op, South Adams Bank Merger Approved
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move