News: Retail
Posted: December 27, 2012
Charter Realty & Development leases 29,980 s/f to Whole Foods
According to Charter Realty & Development Corp., shortly after acquiring Towers Plaza, it has signed a 20-year lease for 29,980 s/f to Whole Foods Market. Whole Foods will occupy the store that is currently Johnny's Foodmaster. The store will undergo a major renovation that will coincide with Charter's renovation of the balance of the center.
Melrose Mayor, Rob Dolan, recently welcomed Whole Foods Market to Melrose. "On behalf of the citizens of Melrose, I would like to welcome Whole Foods to the community. I am excited that Whole Foods has chosen Melrose as a location as they expand their presence into the greater Boston area."
MORE FROM Retail
Quick Hits
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Columns and Thought Leadership
Ask the Electrician: How do I prepare my commercial building for a disaster?
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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
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 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