Portsmouth, NH According to Summit Realty Partners, Mr. Mac’s Macaroni and Cheese Restaurant has signed leases to open two new franchised locations in New England. Chris McMahon of Summit Realty Partners represented the tenant in both transactions.
In Portsmouth, N.H., a franchisee has leased a 3,856 s/f free-standing building located on Lafayette Rd. (Rte. 1) in close proximity to Walmart, Water Country, and Cinemagic. The building was previously occupied by Pizza Hut which resulted in Mr. Mac’s benefiting from existing restaurant infrastructure. Mr. Mac’s plans to have their grand opening on November 29th.
In Tyngsboro, Mass., the same franchisee has leased a 3,971 s/f end-cap space at Tyngsboro Crossing. The premises, which is a combination of two storefronts, were both previously occupied by restaurant tenants Sal’s Pizza and KFC.
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.
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,