SullivanHayes and Quinn Commercial represent The Fresh Market in 15,545 s/f Scarsdale lease
Tim McNamara and Brian Knowles of Farmington, Conn.-based SullivanHayes Companies, along with Colleen Quinn of Nanuet, N.Y.-based Quinn Commercial Properties, LLC represented The Fresh Market in its second New York location on Rte. 22 at Vernon Place Shops.
The team negotiated the 15,545 s/f lease with Boston-based landlord Carpenter & Company and its leasing agent/manager Urstadt Biddle Properties. The location will replace Old Navy and will anchor the recently renovated center.
The Fresh Market, headquartered in Greensboro, N.C., is a publicly held upscale grocer with over 100 stores in 20 states.
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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.