News: Retail

Capital Group Properties continues leasing success at Maynard Crossing

Maynard, MA Capital Group Properties today announced new retail leases signed in 2021 at Maynard Crossing, a premiere new mixed-use development anchored by Market Basket. These newly signed tenants include Cyclebar (2,600 s/f) and Zina Day Spa (2,300 s/f), which are slated for a mid-2021 opening to continue bringing a diverse mix of supportive uses to fruition at Maynard Crossing.

Cyclebar will bring a premium indoor cycling experience to Maynard Crossing, located in the northwest corner of the site, and Zina Day Spa will offer a broad range of wellness services located near 110 Grill.

Recent openings celebrated in 2021 at Maynard Crossing include the Paper Store in January as well as Spirits Liquor Store in February. By the end of March, Middlesex Savings Bank and Eco Nails are also anticipated to welcome customers at their new Maynard Crossing locations, with several more openings scheduled in the coming months.

“Since the first of the year, leasing activity has been strong. We are working with additional tenants that are close to signing on to round out a comprehensive hub of mixed-use amenities,” said James Vazza, leasing manager of Capital Group Properties.

Maynard Crossing’s creative design incorporates ample open space for social distancing. The property’s numerous green and healthy features include walking paths, green space, water features, spaced out benches, dog park, as well as large outdoor patios for restaurants.

Maynard Crossing, which is located at 2-16 Digital Way, broke ground in 2019. The two residential communities within the development, including The Vue at Maynard Crossing, a 180-unit high-end apartment complex developed by LeCesse Development, and Camellia Gardens, a 143-unit upscale senior independent living community developed by Hawthorn Retirement Group, are both now open.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary