Hadley, MA Tony Valenti and Ralph Calabrese of the R. Calabrese Agency, LLC of Waterbury, Conn. completed the sale of a net ground lease for a Texas Roadhouse restaurant located on Rte. 9 (Russell St.). Texas Roadhouse, Inc. is a public company with over 450 restaurants in 49 states, as well as in 4 countries internationally. The 7,160 s/f building on 2 acres is situated at a signalized intersection at the entrance to a Lowe’s Home Improvement store.
The restaurant’s location on Route 9, a heavily traveled corridor, provides convenient access to the Texas Roadhouse from a strong market with a trade area including such retailers as; Walmart, Whole Foods, Old Navy, Marshals, Bed Bath and Beyond, and other recognized retail.
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.
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.
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,