Amcomm Wireless opens three new stores totaling 7,500 s/f
According to David Kaplan, manager for real estate at Amcomm Wireless, a Verizon Premium Wireless retailer, the company recently opened a 1,600 s/f store at Linear Retail's East Harwich Plaza on Cape Cod. Brad Khurtz from Commercial Realty Advisors in Hyannis brokered the deal for Linear. This location adds to Amcomm's existing Cape Cod stores in Falmouth and Yarmouth.
Amcomm has also just opened a free standing 3,400 s/f store in Lewiston, Me., complementing its nearby Auburn Mall store in Auburn, Me. Michael Alberico from Eastern Retail Properties in Braintree represented Amcomm in this transaction, while Joe Gendron of Gendron Commercial represented the landlord.
Alberico also represented Amcomm in a recently completed lease for a 2,500 s/f store at the Wal-Mart and Hannaford anchored Lunenburg Crossing, a Centro property in Lunenburg. According to Kaplan, the Lunenburg store will be Amcomm's 30th location as it seeks further expansion throughout New England.
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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.