News:
Brokerage
Posted: December 23, 2016
Related Beal signs 2,180 s/f lease with Five Guys in Quincy
Quincy, MA Related Beal has secured a 2,180 s/f lease with Five Guys Burgers and Fries at Presidents Place. The mixed-use office, retail, educational and medical office center is nearly 350,000 s/f, and spans one full block in the heart of downtown. Centrally located at 1250 Hancock St. with direct access to Rtes. 3 and 3A, the complex faces Quincy Center MBTA Station and the future Adams Green.
“Our intent is for Presidents Place’s ground floor retail tenant mix to add vibrancy to Quincy’s downtown and contribute to its growth and evolution,” said Stephen Faber, executive vice president of Related Beal. “Five Guys brings a new dining concept to our line-up of retail tenants and appeals to the younger, value oriented demographic, which Quincy College students bring to the property.”
Five Guys joins restaurants The Townshend and Jimmy John’s at Presidents Place.
MORE FROM Brokerage
Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
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.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
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.
