New Bedford, MA KeyPoint Partners, LLC (KPP) has negotiated a lease with Funcity at King’s Plaza, a retail center. KPP vice president of leasing, Don Mace negotiated the lease
Funcity, operator of premium indoor trampoline entertainment parks under the names Funcity,
FunZ, and Aero Trampoline, plans to open the 42,997 s/f facility at the property in January of 2020. King’s Plaza is a 168,243 s/f center on King’s Highway, adjacent to Fieldstone Marketplace.
“Funcity is rapidly expanding throughout the Northeast quadrant. We’re looking to have 18 locations secured by the end of 2019,” said Mace. “Our client prefers acquisition but will also lease vacant boxes of 30,000 s/f or larger. Several other transactions are pending, and expansion is underway in N.Y., Penn., N.J., and Ohio. All submitted sites will be considered.”
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.
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,
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.