News: Retail

Alexander joins Kelleher & Sadowsky as executive vice president

Todd Alexander

Worcester, MA According to Kelleher & Sadowsky Associates, Todd Alexander has joined the commercial real estate firm as an executive vice president. He will provide retail real estate services to both tenants and landlords throughout New England, as well as help grow the firm’s presence in the MetroWest region across all asset types.

Alexander joins the commercial real estate firm from Newmark, where he was a managing partner. He brings more than 25 years of retail real estate experience providing representation and specialized services to tenants, landlords and developers. He has completed hundreds of transactions over the years with retailers including CVS, Marshalls, Ace Hardware, Trader Joe’s, Ruth’s Chris, Broadway Hospitality Group, Boston Private Bank, TD Bank, Eastern Bank and Fidelity Investments.

Prior to working at Newmark, Alexander was a vice president of retail services at Colliers International in Boston; and, he was a senior property/asset manager at Carruth Capital in Westborough, Mass.

“Todd’s is an ideal fit for our team,” said James Umphrey, principal at Kelleher & Sadowsky. “His experience with retail clients and extensive knowledge of the MetroWest 495 Corridor perfectly complements our group.”

According to Alexander, the accelerating migration by companies to the suburbs west of Boston made Kelleher & Sadowsky an attractive destination. As part of a nimble independent firm, “we can deliver the attention and results that tenants, landlords and developers demand.”

Tags: Retail
MORE FROM Retail
Retail

McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Reimagining retail for the downtown - by Carol Todreas

Reimagining retail for the downtown - by Carol Todreas

Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.
Village centers and local retail: What the market wants - by Carol Todreas

Village centers and local retail: What the market wants - by Carol Todreas

Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Placemaking and retail in 2024 - by Carol Todreas

Placemaking and retail in 2024 - by Carol Todreas

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.