Wendy Qiu, of The Conrad Group recently leased a 1,500 s/f unit at Randolph Shopping Plaza on behalf of its owner, JAMP realty, LLC. The new tenant, Yogurt City, is a national chain and has over a dozen stores locally.
Yogurt City joins other tenants including Shaw's Supermarket, Rite Aid, Eastern Bank and The Dress Barn to name a few. Randolph shopping Plaza consists of approximately 120,000 s/f and is presently 97% leased.
Qiu is the exclusive leasing agent for the owner, and also represented the tenant, Yogurt City. According to Qiu, "Yogurt City was attracted to Randolph Shopping Plaza for many reasons; among these were its quality, tenancy and traffic counts."
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.