Grammas Investment selects The Kane Co. to lease Epping Village
Grammas Investment LLC has hired The Kane Company's retail services group to market their newest acquisition, Epping Village, a ground-up retail development that will include an 11,000 s/f strip plaza, a 4,400 s/f pad site and an 80,000 s/f big box.
Epping Village, which will be constructed adjacent to a recently built Walgreens, is directly across from Wal-Mart Supercenter and Lowe's and proximate to area retailers Starbucks, Applebee's and many other stores. The town is a high-growth community with several residential subdivisions approved for development.
According to Jody Skaff, director of The Kane Co. retail services group, "We are thrilled to be working on this development project. The town is an incredibly dynamic trade area that will see a 9% increase in population and household income in just the next few years. This is a town that couldn't be more ideally situated, between the affluent, tourist-driven seacoast region and Manchester, the state's largest city. This is a site that will appeal to commuters, local residents and travelers alike."
Hingham, MA Union Square Donuts, the Somerville-based donut shop, will open a new location at Derby Street Shops later this summer. Founded in 2012, Union Square Donuts has built a devoted following across Greater Boston for its from-scratch approach and creative flavor combinations.
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.