News: Brokerage

IHOP opens at Northborough Crossing

IHOP Restaurant, celebrated its grand opening at Northborough Crossing on August 20. IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. The Northborough Crossing IHOP will be the fifty-third location operated by this particular franchise company. Their other Massachusetts locations include Cambridge, Salem, Dedham, Plymouth and Brockton. One other IHOP located in nearby Shrewsbury and owned by a different franchisee will remain open. Northborough Crossing, a 600,000 s/f open-air shopping center situated atop a scenic hilltop at the juncture of Rte. 9 and Rte. 20 features anchors like the very first Wegmans in New England, BJ's Wholesale Club, Toys/Babies "R" Us, Kohl's, Golf Town, PetSmart, T.J. Maxx and Dick's Sporting Goods. The innovative addition of smaller lifestyle retailers and dining destinations at Northborough Crossing creates a diverse mix of shopping and dining alternatives.
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RapDev leases 17,587 s/f at 501 Boylston St. - lease brokered by JLL

Boston, MA RapDev, a leading software-engineering and DevOps consultancy, has leased 17,587 s/f at 501 Boylston St. in the city’s Back Bay. The company moved into the new space this summer, consolidating operations onto a single floor to accommodate growth and create a workplace that reflects its collaborative culture.
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Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Boston’s iconic Newbury St. continues to thrive as one of the most vibrant and compelling retail corridors in the United States. Nestled in the heart of the Back Bay, this historic St. has evolved into a powerhouse of high-St. retail, where luxury meets lifestyle and legacy brands coexist with up-and-coming names. With its European charm, diverse architecture, and unmatched foot traffic, Newbury St. remains a dynamic reflection of Boston’s energy, culture, and economic strength.

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.
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

As new tariffs continue to impact the global economy, retail businesses and investors are grappling with heightened uncertainty. From new high tariffs to supply chain issues to evolving consumer behaviors, continual changes are making it as or more challenging than the pandemic years. Yet, amidst this turbulence,