Star Market opens 58,000 s/f store at Chestnut Hill Shop. Ctr.
Star Market has opened a new flagship store at WS Development's Chestnut Hill Shopping Center. The new, two-level 58,000 s/f store offers a wide range of products and services including expanded produce and floral departments, a customer dining area, and a section featuring made-to-order pasta dishes, sandwiches, salads, and more.
The new store uses energy-efficient technology including a hydrogen fuel cell that provides 90% of store's electricity, plus all of its domestic hot water, heat and air conditioning. For its efforts in reducing ozone-depleting refrigerants and greenhouse gas emissions, the Environmental Protection Agency issued Star Market its "Green Chill" award.
The Chestnut Hill Shopping Center is located on Rte. 9 adjacent to The Mall at Chestnut Hill and about a quarter mile from the Atrium Mall.
Ayer, MA James Keogh of 128 CRE facilitated the $7.7 million off-market sale of two industrial outdoor storage (IOS) properties in Ayer and Devens, Mass., to Realterm. 128 CRE served as the sole broker in the transaction.
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.
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.