A&O Danner Companies builds 1,300 s/f store for No Rest for Bridget
When fashion boutiques want to get noticed in Boston, many choose a Newbury St. address. And when they want their shop to carry an image of quality, edginess and fashion, several clothing retailers are choosing A&O Danner Companies of Plymouth, Mass., a full-service general contracting company, to handle the buildout.
According to Stephen Danner, president of A&O Danner, his most recent client, No Rest for Bridget based in Irvine, Calif., will be ready to open its 1,300 s/f shop at 220 Newbury St. in mid-March. This will be the small chain's first East Coast location.
Danner is working with D2 Construction of Costa Mesa, Calif. He said, "We assisted with all the permit procurement in Boston, including with the Boston Fire Department. We bid against four other Boston-based contractors. Besides being competitive, we're able to give clients a good sense of comfort. Also, since we're technologically current, we can work with a project manager three time zones away, and still have an even, timely flow of information."
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.
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.