News:
Brokerage
Posted: June 28, 2019
The Village at Burlington Mall debuts with Caffé Nero
Burlington, MA According to Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, The Village at Burlington Mall, part of the phase one transformative redevelopment at Burlington Mall, will consist of over a dozen new tenants ranging from fast-casual to sit-down restaurants, complete with outdoor dining options, as well as personal and experiential services. The development will kick off with Caffè Nero in September, consisting of over 3,000 s/f.
The premium European coffee house Caffè Nero will open its second Burlington Mall location at The Village and will offer Italian-style espresso-based coffee and freshly made deli food with a local coffee house feel for guests.
Phase two, which is set for completion in 2020, will offer exterior improvements. One of the highlights will be a new park, designed to be the hub of activity and a gathering space for a variety of family-friendly entertainment and community programming.
MORE FROM Brokerage
Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons
Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
Quick Hits
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
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.
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.