Jos. A. Banks, Michaels, Golf Town and Newbury Comics open at Charles River Center
According to Mark Roberts, senior vice president of leasing at WS Development, four new retailers are opening at Charles River Center located at the intersection of Rte. 126 and I-495. They are Jos. A. Bank, Michaels, Golf Town and Newbury Comics.
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.