Bellingham, MA TRB Realty (TRB) has closed the $3.32 million ($485.54 per s/f) sale of Maple Corner Plaza located at the signalized intersection of 2 South Maple St. and Rte. 140. The sale involved a single-story, multi-tenant retail strip totaling 6,848 s/f situated on 1 acre.
Thomas Blakely, CCIM, founder and president of TRB said, “Quality 2008 construction, stable tenancy, prime location, just some of the attributes that describe Maple Corner, which traded to a very qualified and astute buyer. Both parties performed admirably…we are extremely pleased with the outcome of this transaction.”
TRB Realty was the sole broker.
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.
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.
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,