Retail

Costco opens 158,000 s/f store at GDEL’s Gateway Commons

East Lyme, CT According to Gateway Development/East Lyme, LLC (GDEL), a joint venture between affiliates of KGI Properties of Providence, RI and The Simon Konover Co. (TSKC) of West Hartford, Conn., the 158,000 s/f Costco membership club

Bergin of Pearce Real Estate closes on sale of Rainbow Gardens

Milford, CT John Bergin of Pearce Real Estate has closed on the sale of a local restaurant, Rainbow Gardens and Bar.

WS Development, Fjällräven and Capital One Café open Snowport in Seaport

Boston MA WS Development  and the Seaport has introduced a new winter entertainment destination in Boston: Snowport Winter Village in Partnership with Fjällräven and Capital One Café. The facility debuted December 5th, and is

JLL closes $19.525 million sale of a 79,300 s/f Stop & Shop-anchored shopping center to RK Centers

Stoughton, MA JLL has closed the $19.525 million sale of a 79,300 s/f Stop & Shop-anchored shopping center. JLL represented the seller, KPR. The buyer, RK Centers, based in Needham, Mass., is a privately held, family-owned

Young, Hoppe and O’Mara of Atlantic Investments close $12.9 million sale

Framingham, MA Atlantic Investments completed the $12.9 million sale of a 45,769 s/f condominium interest in the Framingham Mall to R.K. Framingham, LLC (RK Centers). Representing the seller, Target Corp., Atlantic also procured R.K.

Question of the Month: What is the “Next Act” for struggling shopping centers and malls? - by Anthony Amenta

As we continue to write obits for major retailers – among them ToysRUs, Kmart and dozens of others – I think we can officially announce the death of retail, as we know it. Even the most conservative form of retail shopping – grocery – is be

Summit Realty brings 32,013 s/f retail center in Nashua to 100%

Nashua, NH According to Summit Realty Partners, Inc., 493-495 Amherst St. has reached full occupancy. This 32,013 s/f retail strip center situated on 3.89 acres is located at the lighted intersection of Amherst St. (101A) and Thornton Rd. This center features a diverse tenant mix including restaurants, banking, fitness and daily needs.

Holiday marketing – Let’s de-mallify the mall - by Kate Terricciano Sirignano

The holidays are in full swing, and what does that mean for marketers? Pull out all the stops, and de-mallify the mall. Although malls were once the center of shopping and gathering, the word now often conjures up the recent narrative of the retail apocalypse. Business at the country’s 1,100 shopping

Holiday: Ideas to create Instagrammable moments at your centers - by Diana Perry

If there’s one thing we all learned this year in retail real estate, it’s to incorporate more experiential retail into our centers. But when envisioning the holidays, think about experiential beyond the immediate bricks and mortar store, think shopping center-wide. Tom McGee, president and CEO of ICSC told Connect CRE publication their survey forecasts 90% of Americans to shop in-store for holiday gifts.

Aron of KeyPoint Partners sells 10 Village Common Drive in Falmouth

Falmouth, MA KeyPoint Partners, LLC (KPP) has negotiated the sale of 10 Village Common Dr., a retail property, for an undisclosed amount.  KPP vice president of investment sales, Jonathan Aron, represented the seller and procured the buyer.