Brixmor Property Group opens 5,888 s/f store and leases 1,600 s/f
According to Brixmor Property Group (Brixmor) a 5,888 s/f Aaron's recently opened and a 1,600 s/f lease has been executed with Postal Plus at Perkins Farm Marketplace, located 2.5 miles north of the Massachusetts Tpke. (I-90) from Exit 11 on Grafton St.
Joe Draghi of Great Dane Properties, McLean, N.Y., represented Aaron's. Scott Kendrick of Discount Retail Store Services, Las Vegas, represented Postal Plus.
Brixmor is the owner of Perkins Farm Marketplace and was represented by Andrew Malvezzi with Brixmor.
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.