News: Brokerage

Schimenti Construction to build 62,394 s/f H&M

Schimenti Construction Company is steadily at work in the Herald Square shopping district, creating the largest-ever H&M store worldwide. Slated to be completed in spring 2015, the store will occupy 62,394 s/f on four floors. This H&M flagship is located at 1293 Broadway in Herald Center, the exclusive home of pre-eminent national retail chains. The scope of the new construction includes all new elevators and escalators, highlighted by a stunning "Rain of Light" display at the escalator atrium. Schimenti is also creating an interior LED wall and four-story terrazzo wall feature which includes mirrored walls and ceiling. The first three floors of the building will be covered in a glass façade and adorned with eye-catching billboard-style campaign images.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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Columns and Thought Leadership
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End of the year retail thoughts - by Carol Todreas

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