News: Brokerage

McKinnon of Grossman Companies renews 29,615 s/f for T.J. Maxx

T.J. Maxx, the anchor store at Quincy Granite Place, a destination retail plaza near Quincy Center, has renewed its lease for 29,615 s/f. The clothing store was an original tenant when the plaza opened in 2000. Lease negotiations were handled by Richard McKinnon, broker for The Grossman Companies, Inc.which represented the landlord, 126 Granite Street Trust. The plaza, which continues to be 100% leased, is managed by Grossman. Anchored by T.J. Maxx, the 61,400 s/f retail center is also home to iParty, Dress Barn, Olympia Sports, Papa Gino's, Boston Market and Dunkin' Donuts. Located at the intersection of Granite St. and Burgin Pkwy., the plaza accommodates a high-density residential population and a daytime office population as it is just minutes from Crown Colony Office Park and several other office complexes. It is a block from downtown Quincy. TJ. Maxx operates over 900 stores nationwide and sells discounted brand-name family apparel, home fashions, beauty aids, jewelry and accessories.
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Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons

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
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Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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End of the year retail thoughts - by Carol Todreas

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