Retail

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.

Roche Bros. opens 5th Brothers Marketplace store - 12,000 s/f store located at One Broadway in Kendall Sq., Cambridge

 Cambridge, MA Roche Bros. opened its fifth Brothers Marketplace store. The neighborhood market offers customers a one-stop grocery shopping and dining experience with selection of fresh foods, local and specialty products, delicious prepared meals, grocery essentials, and catering. The new store is located at One Broadway in Kendall Sq.

Arsenal Yards appoints Reed as marketing director

Boston, MA Arsenal Yards has named Jessica Reed as the marketing director for the new mixed-used development in Watertown from Boylston Properties and Wilder. 

AHF, DCR and DCAMM celebrate groundbreaking on 17,000 s/f

Boston, MA Joined by Boston elected officials, the Architectural Heritage Foundation (AHF), the Department of Conservation and Recreation (DCR), and the Division of Capital Asset Management and Maintenance (DCAMM) officially broke ground on the redevelopment of the historic Charles River Speedway at Western Ave. and Soldiers Field Rd. on October 24th. The ceremony celebrated the construction of a reimagined Speedway

Lyman Real Estate brokers two sales totaling $1.25 million

Bloomfield, CT The building originally built for Party City at 854 West Main St., Rte. 1, Branford, has been sold, according to Ron Lyman, CCIM, CEO of Lyman Real Estate. Lyman was the agent for the buyer, Nikita Wang of LA-IN-USA, LLC, of Guilford. The seller, Sangita Gopani of Branford Realty Trust, LLC, was represented by Jeffrey Kravet of Kravet Realty. The sale price for the 9,331 s/f building on 1.29 acres

The Lannan Company receives approval for 17,900 s/f Flagstone Crossing

Hudson, NH The Lannan Company, Inc. received full planning board approval on November 6th for the development of Flagstone Crossing, a new 17,900 s/f single-story retail shopping center located at 2 Flagstone Dr.  Starbucks (2,200 s/f) and DCU (5,000 s/f) have already signed leases, with several other tenants in negotiation.