According to Stirling Properties, the exclusive management and leasing firm for Hammond Square, TJ Maxx opened recently. The 26,100 s/f Hammond location is the 5th TJ Maxx location in the greater New Orleans market and the first in Tangipahoa Parish.
T.J. Maxx is a Mass.-based off-price retailer with more than 880 stores nationwide. The stores offer substantial savings every day on brand name and designer fashions for the entire family and home. With new merchandise arriving every week to each store, it's a whole new store every time you shop.
"The addition of TJ Maxx at Hammond Square compliments the existing tenant mix at the center and will provide shoppers in Tangipahoa with access to high quality products at an incredible value," according to Grady Brame, executive vice president/partner of Stirling Properties.
Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
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.