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.
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.