News: Retail

Brady Sullivan's Manchester Commons has burst of leasing activity

According to Brady Sullivan Properties, their newest commercial acquisition, Manchester Commons has been at the center of a number of recent lease transactions in the past few months. Manchester Commons is a multi-building, two story, 102,000 s/f retail plaza, and it is adjacent to a 70,000 s/f Shaw's grocery store. In all, Brady Sullivan has completed 11,324 s/f of new deals at the site in recent months. South Willow Animal Hospital relocated from their South Willow St. location, to Manchester Commons and leased 2,713 s/f of class A retail space. The Dance Studio of Manchester has relocated to Manchester Commons into 3,595 s/f next to Shaw's, on the second floor. An independent GEICO insurance office has leased space next to Shaw's, on the ground floor. This office, which will be occupying roughly 1,200 s/f is looking to be up and running by the new year. Auto Equity Loans, a money lending institution, has leased 1,525 s/f on the ground floor. AE Loans was represented by Mike Tamposi of CB Richard Ellis. Royal Palace Dance Studio has leased 2,310 s/f on the second floor. The tenant was represented by Jon Jackman of Jackman Commercial Realty. Charles Panasis and Benjamin Kelley of Brady Sullivan worked to complete all these transactions on behalf of the landlord.
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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.
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.

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.