News: Retail

Blakely of TRB Realty brokers $3.775 million sale of Great Road Plaza - a 19,230 s/f, two-story, mixed-use investment property

Thomas Blakely

Bedford, MA 363 Great Road LLC, and TRB Realty has closed the $3.775 million sale of the Great Road Plaza, a 19,230 s/f, two-story, mixed-use investment property on Great Rd. TRB Realty marketed the property on behalf of the seller and procured the buyer. “It was a pleasure to have exclusively represented ownership in the sale of Great Road Village and high marks must be given to this very knowledgeable and qualified buyer who knew what he was doing and did not waste anyone’s time,” said Thomas Blakely, president of TRB Realty, sole broker in the transaction.

 

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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.
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.

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.