News: Brokerage

Charter Realty leases 25,000 s/f to T.J. Maxx at Aroostook Center Mall

Charter Realty & Development Corp. has arranged a 25,000 s/f lease for a T.J.Maxx store in the Aroostook Center Mall. T.J.Maxx will join Lowes, Sears, JC Penney and others in this project. The 525,000 s/f project is owned by Sitt Asset Management and is located on U.S. Rte. 1. T.J.Maxx sells brand name family apparel, including women's footwear and active wear, home fashions and other merchandise. T.J.Maxx differentiates itself from Marshalls with an expanded assortment of jewelry and accessories, all at prices 20-60% below department and specialty store regular prices. Charter Realty currently represents TJX Companies for their T.J.Maxx, Marshalls, Marshalls Shoes and HomeGoods divisions in various markets throughout the Northeast.
MORE FROM Brokerage

Sullivan & Sullivan brings 14 Class A office condos to auction

Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.