Meyers of Paramount Partners leases 30,000 s/f at Pilgrim Hill Plaza
Deborah Meyers, CCIM of Paramount Partners, LLC negotiated the lease of 30,000 s/f of retail space at 10 Pilgrim Hill Rd. to Grossman's Bargain Outlet, a division of EC Barton Corp.
The 118,000 s/f former Kmart was purchased by Pilgrim Hill Plaza, Plymouth in 2004. Since then the owner has upgraded the center with new signage and landscaping and subdivided it into five spaces including Savers, Tuesday Morning and Best Tile. There is only one 24,000 s/f retail space yet to lease.
Paramount Partners represented the landlord and Horn Companies represented the tenant in the transaction.
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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.