KeyPoint Partners has negotiated a sublease with WOW! WorkOut World for an 18,474 s/f retail space at Pawcatuck Shopping Center. Vice president of leasing Don Mace negotiated the transaction on behalf of client Stop & Shop, according to Robert Lemons, managing partner of the firm.
Pawcatuck Shopping Center is a convenience-oriented center with a variety of local tenants and a Rite Aid pharmacy, located at 37 South Broad St.
WOW! WorkOut World is a locally-based fitness company with locations throughout New England.
Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
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.
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.