Kenney of ARC Realty Advisors brokers three leases totaling 5,250 s/f
Ray Kenney of ARC Realty Advisors has signed three new tenants at Shaw's Plaza on behalf of Northstar Centers, LLC. Great Clips (800 s/f), Sun Tan City (2,500 s/f) and Little Ceasar's (1,950 s/f) have all recently opened.
"Northstar continues to select tenants which offer their customers an excellent mix in their shopping centers," said Kenney. Other tenants in the center include Shaw's Supermarket, Bed Bath & Beyond, Rocky's Ace Hardware, Rite-Aid, Olympia Sports, and Panera Bread.
ARC Realty Advisors, LLC is a retail leasing firm based in Boston, Mass. specializing in landlord representation.
Rockland, MA DMG Brokerage completed thel sale of 55 Accord Park Dr. for $2.7 million. The 26,000 s/f commercial property presented a unique marketing challenge due to its 60% vacancy and site restrictions that limited potential redevelopment options.
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.