O'Neill of The Grossman Cos. brokers 4,828 s/f lease renewal
Sporting goods and fitness equipment retailer Olympia Sports has renewed its lease for 4,828 s/f at Quincy Granite Place, a destination retail plaza at Burgin Pkwy., one block from historic Quincy Center.
Lease negotiations were handled by Frank O'Neill, broker for The Grossman Companies, Inc. of Quincy, who represented the landlord, 126 Granite Street Trust.
Anchored by TJ Maxx, Quincy Granite Place is also home to iParty, Dress Barn, Boston Market, Papa Gino's and Dunkin' Donuts. The 61,400 s/f center opened in 1995, services both a high-density residential and a large daytime office population as it is just minutes from Crown Colony Office Park and several other office complexes. The plaza, managed by The Grossman Companies, Inc., is 100% leased.
Based in Quincy, The Grossman Companies, Inc. offers a full range of brokerage services, with a focus on leasing and sales of commercial property throughout New England.
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.
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.
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.