News: Retail

Capital Commercial Real Estate brokers 4,590 s/f for Sullivan Tire: Faye represented landlord and procured tenant

Capital Commercial Real Estate, LLC brokered a long-term lease agreement between Sullivan Tire Company, Inc. and Drive-In Development Corp. Sullivan Tire plans to renovate an existing 4,590 s/f free-standing property at 690 Bridge St., Rte. 3A, and open for business this fall. Ellen Faye of Capital Commercial who represented the landlord and procured the tenant, Sullivan Tire, stated that the site is ideally located just north of the Hingham Shipyard and adjacent to Riverway Plaza, with anchor tenants Lowes, Staples, CVS and Michaels. Faye stated that the prime location and daily traffic of 38,000 vehicles is ideal for the Sullivan Tire brand, well known for their complete automotive services and customer service since 1955.
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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.

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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.
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.