News: Retail
Posted: November 27, 2020
Bierbrier Development completes $12.28 million refinancing of Arlington Village
Arlington, MA Bierbrier Development has completed the $12.28 million refinancing of Arlington Village Shops. Located on Mass Ave., the property is a 26,300 s/f shopping center with national tenants, including Citizens Bank, Unleashed by Petco, Sherwin Williams, Massage Envy, AFC Urgent Care and European Wax Center.
Nick Donofrio, first vice president and commercial real estate team leader at Cambridge Savings Bank provided the 10-year financing.
Brian Corcoran of Ackman-Ziff represented Bierbrier in the transaction. “Well located real estate, combined with strength of sponsorship and and a longstanding relationship with a local lender were paramount in completing this transaction amidst a cautious retail lending market,” said Corcoran.
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Placemaking and retail in 2024 - by Carol Todreas
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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
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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.