
Shrewsbury, MA NAI Glickman Kovago & Jacobs on behalf of Jefferson Shrewsbury LP recently leased 1,700 s/f of retail space at 97 Boston Tpke. The new tenant, Massage Ultra will be relocating from their current location at 149 Boston Tpke. to the plaza. They will join several national retailers including Trader Joe’s, Total Wine, and Chipotle along with a mix of other local and regional businesses. Massage Ultra plans to open this new location in spring of 2024.
NAI Glickman Kovago & Jacobs managing partner Mike Jacobs and vice president Tim Whittredge represented both the landlord and the tenant in this transaction.
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.
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.
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,