Impact Functional and Sports Training has leased 7,500 s/f at Sudbury Plaza. Impact joins Shaws, CVS, Starbucks, Learning Express, Wild Birds Unlimited and other great retailers and hopes to be open before the new year. They are the first hybrid training functional and sports training center in the area.
The leasing of the space brings the Gravestar portfolio of retail centers located in Massachusetts and Rhode Island to 100% leased.
Powers & Co. represents landlords throughout New England and has received yearly CoStar Broker of the Year Awards for the high number of leases executed.
Medford, MA Wyzer Biosciences will relocate next month from 85 Bolton St. in Cambridge to Cummings Properties’ Boston Ave. innovation campus. The firm’s new headquarters encompasses 5,800 s/f of administrative and laboratory space. Founded in Cambridge in 2011, Wyzer provides customized, end-to-end DNA sequencing and preparation services for the biopharma, biotech, and academic research sectors.
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.