With the recent addition of UK Nails & Spa opening in a 1,200 s/f endcap, Powers & Company reported Sudbury Plaza is now 100% leased. This nail salon and spa brings great synergy to the already exciting tenant mix in this highly trafficked center.
Sudbury Plaza is located on Rte. 20, Boston Post Rd., and is anchored by Shaw's with CVS, Starbucks, Learning Express, Wild Birds Unlimited, Impact Fitness, Lavender, U.S. Postal Service, and other notable retailers. Powers & Company exclusively represents landlords in the leasing of their retail centers.
Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million. 827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
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.