News:
Brokerage
Posted: December 21, 2018
McMahon and Ginsberg of Summit Realty Partners lease 26,000 s/f to Altitude Trampoline Park at Horace Mann Plaza
Franklin, MA Summit Realty Partners negotiated a recent lease signing on behalf of Franklin Shoppers Fair, Inc. a Massachusetts-based shopping center landlord. Chris McMahon and Travis Ginsberg represented the landlord in the transaction.
Altitude Trampoline Park has executed a 26,000 s/f lease at the Horace Mann Plaza shopping center. Altitude is an indoor trampoline park that offers activities for individuals of all ages. Locations include a variety of equipment such as trampolines, foam pits, rock-climbing walls and more. Altitude will join several existing businesses at Horace Mann Plaza including Shaw’s Supermarket, Aubuchon Hardware, Kumon and more.
Horace Mann Plaza is a 175,000 s/f grocery-anchored shopping center located in the eastern portion of Franklin, at the intersection of Rte. 140 and Chestnut St.
MORE FROM Brokerage
Monarch Capital Partners completes $10.7 million acquisition of 115 and 117 Flanders Rd.
Westborough, MA Monarch Capital Partners (Monarch), a Boston-based commercial real estate investment firm, has completed its first acquisition: 115 & 117 Flanders Rd. The 115,241 s/f flex/R&D/office and shallow-bay industrial property was acquired on September 29, 2026, for $10.7 million, or $93 per s/f.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
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.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
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.
