News: Brokerage

Summit Realty Partners leases space to Dollar Tree in Milford

According to Summit Realty Partners, Dollar Tree has signed a lease and opened a new store on Rte. 140 at Milford South Plaza. This store opening brings the 45,000 s/f neighborhood shopping center to 100% occupancy. Summit Realty Partners would like to thank John Wise for his involvement in the transaction as Dollar Tree's broker. In conjunction with representing the landlord in lease negotiations with Dollar Tree, Summit Realty Partners has also renewed leases with Big Lots and with Milford Savings Bank ensuring long term stability for the shopping center. As a result, the landlord is planning to complete significant exterior building and site work upgrades this spring. These upgrades include new exterior paint, upgraded sign bands, new landscape islands improving the flow of traffic, and new landscaping.
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RapDev leases 17,587 s/f at 501 Boylston St. - lease brokered by JLL

Boston, MA RapDev, a leading software-engineering and DevOps consultancy, has leased 17,587 s/f at 501 Boylston St. in the city’s Back Bay. The company moved into the new space this summer, consolidating operations onto a single floor to accommodate growth and create a workplace that reflects its collaborative culture.
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Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.

End of the year retail thoughts - by Carol Todreas

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.
Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Boston’s iconic Newbury St. continues to thrive as one of the most vibrant and compelling retail corridors in the United States. Nestled in the heart of the Back Bay, this historic St. has evolved into a powerhouse of high-St. retail, where luxury meets lifestyle and legacy brands coexist with up-and-coming names. With its European charm, diverse architecture, and unmatched foot traffic, Newbury St. remains a dynamic reflection of Boston’s energy, culture, and economic strength.

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

As new tariffs continue to impact the global economy, retail businesses and investors are grappling with heightened uncertainty. From new high tariffs to supply chain issues to evolving consumer behaviors, continual changes are making it as or more challenging than the pandemic years. Yet, amidst this turbulence,