Home About Archives RSS Feed

Big Y Buys Diesel Dan Property for $4.25M

Staff Reports

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

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  

Support Local News

We show up at hurricanes, budget meetings, high school games, accidents, fires and community events. We show up at celebrations and tragedies and everything in between. We show up so our readers can learn about pivotal events that affect their communities and their lives.

How important is local news to you? You can support independent, unbiased journalism and help iBerkshires grow for as a little as the cost of a cup of coffee a week.

News Headlines
Pittsfield Looks to Update Zoning for ADUs
63-Year-Old Lost Postcard United With Intended Recipient
Rain Slows Growth of Butternut Fire
North Adams Warns Residents of Lead Pipe Survey Scam
Clarksburg Eyeing Tight Budget; Looking for Grant Funds
Weekend Outlook: Storytimes, Tribute Bands and Nightwood
Letter: Is the Select Board Listening to Dalton Voters?
DPAC To Perform 'Clue: On Stage'
BHS And CDCSB Partner to Improve Housing Availability
North Adams, Hoosic River Revival to Host Meeting About Flood Control

 


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:
Tags:
Expansion Unemployment Berkshire Enterprises Sabic Talkberkshires Pittsfield Auction State Jobs Unemployment Bj's Wall Street Breakfast Great Barrington Crane & Co. Social Media Store Opening Baldwin Berkshire Chamber Of Commerce Tricks Of The Trade Qualprint Small Business North Adams Merger Statistics Adams Excelsior Nbt Bank Sales Tax Williamstown Statistics Currency Wmeco Walmart Winstanley
Popular Entries:
Chamber Drive Nets Donation for Shelter
Pittsfield Jobless Rate at 7 Percent
State Added 12,700 Jobs in July
State Jobless Holds Steady at 7.6%
Excelsior Brings Greeting Card Co. To North Adams
Cranwell Voted Best For Meetings
Super Duper Wally World
Baldwin Brings Berkshire-style Talk to Florida
Chamber Sets Free Workshop on QR Codes
Quality Printing Buys Marketing Franchise
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