Powers & Company leases 1,025 s/f to Big Picture Framing
Big Picture Framing has leased 1,025 s/f at Sudbury Crossing on Rte. 20 with TJ Maxx, Rite Aid, The Paper Store, Olympia Sporting Goods, Pearl Vision, Elizabeth Grady and other notable retailers.
Big Picture now has 17 locations and specializes in custom framing.
Annette Born of Urban/Born Associates represented the tenant and Leslie Cotter of Powers & Company represented the landlord.
Sudbury Crossing has undergone a facade renovation and has one sub-dividable 6,085 s/f vacancy remaining to be 100% leased.
Ayer, MA James Keogh of 128 CRE facilitated the $7.7 million off-market sale of two industrial outdoor storage (IOS) properties in Ayer and Devens, Mass., to Realterm. 128 CRE served as the sole broker in the transaction.
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.