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Brokerage
Posted: April 28, 2023
Simon Property Group opens 15 stores at Wrentham Village Premium Outlets
Wrentham, MA Simon Property Group has opened 15 new stores at 1 Premium Outlet Blvd., the Wrentham Village Premium Outlets. In 2023, the center looks forward to the expansion, renovation, and relocation of several globally recognized brands who have made the outlets their home.
Versace, Radley London, Lindt Chocolate, and West Elm are among the 15 stores to open at the Wrentham Village Premium Outlets in 2022. 2023 will see several of the outlets’ tenants renovate and expand, including Champion, Jockey and Lacoste.
Radley London, a London-born brand specializing in handbags and accessories, along with Lindt Chocolate, the first Versace outlet in New England, and the East Coast’s first West Elm outlet, providing modern, stylish, and sustainably produced home goods, opened in 2022.
From fashion favorites to first to-market brands, these new openings have added to the retailer mix at the largest outlet shopping destination in New England.
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Sullivan & Sullivan brings 14 Class A office condos to auction
Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
Quick Hits
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.
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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.
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