News: Brokerage

WS Development's Chestnut Hill Shopping Center adds three retailers: Pottery Barn, Polarn O. Pyret and Treat Cupcake Bar

Home furnishings giant Pottery Barn, Swedish children's apparel retailer Polarn O. Pyret, and local favorite Treat Cupcake Bar are the latest additions to the Chestnut Hill Shopping Center, according to WS Development, the owner and developer of the 406,000 s/f project. The new stores are scheduled to open in spring 2013 in a new building at the site of the former Macy's. Pottery Barn, a division of Williams-Sonoma Inc., features unique collections of home furnishings, designed in-house, that provide exceptional comfort, style and quality at excellent values, as well as home design services. Polarn O. Pyret is a children's apparel retailer that began its children's clothing business in Europe, introducing its now-standard striped apparel collection in 1976. Today, the company offers t-shirts, sweatshirts, pants, jackets, and more from its 140 stores in eight countries, including three in the U.S with two in New York City and one in Greenwich, Conn. At Treat Cupcake Bar, customers can enjoy freshly-made desserts, or build their own creations at its "deluxe make-it-yourself cupcake bar." Locally-owned Treat hosts birthday parties and caters special events, and has been featured on several media outlets including the Phantom Gourmet, TV Diner, and Improper Bostonian. "We're delighted to bring Pottery Barn, Polarn O. Pyret, and Treat Cupcake Bar to the Chestnut Hill Shopping Center," said Dick Marks, partner, WS Development. "We're pleased that our customers will have the opportunity to experience each retailer's commitment to customer service and quality." The new stores join others recently announced including The Sports Club/LA, Cinema de Lux, Shake Shack, Pinkberry, and gourmet Asian restaurant, Bernard's.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

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.
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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.