Weissman of Boston Realty Advisors leases 1,800 s/f to Stil Yoga
Jason Weissman, principal of Boston Realty Advisors, recently leased 1,800 s/f of retail space, designed by JFS Design, to Stil Yoga from Newbury St., Boston at the Legacy Place. Betty Riaz, the owner of Stil Yoga, is expanding her brand with this new venture - Stil Studio, yoga and meditation. The grand opening of her Prana Vayu yoga studio with the retail store out front was October 17th.
The 675,000 s/f Legacy Place is 93% leased. Anchor stores include Whole Foods Market, L.L. Bean, Borders and National Amusements' Cinema de Lux. Legacy Place is opening on a gradual basis through next spring. Several stores are now open, and about 45% of the tenants have been in business since the end of August.
A new Whole Foods Market store opened Sept. 2nd. The 60,000 s/f store will be the Austin, Tex.-based organic grocer's largest in New England, and it will include a 225-seat cafe.
Legacy Place will contain about 10 restaurants, the first of which, Asian bistro P.F. Chang's, opened recently. Many of the eateries will have outdoor seating.
Cambridge architectural firm Prellwitz Chilinski Associates designed storefronts with varying heights and different materials from brick to cast stone, to give the center the look of a neighborhood that grew over time. In fact, construction has taken just a year-and-a-half.
West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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.