News: Retail

Charter Realty leases 25,855 s/f in White City Shopping Center

Charter Realty and Development completed six new deals totaling 25,855s/f in the White City Shopping Center. White City has a GLA of 280,000 s/f making it one of Charter's largest centers in New England. The White City Shopping Center is located off of the Boston Tpke. Shaw's, Dress Barn, and Planet Fitness anchor the center. The Royal India Café is the first of the center's newest addition. The Royal India Café now occupies 2,481s/f of the center's northeastern quadrant. Royal India Café specializes in the cuisine of Northern India. Firestone Tire and Firestone Complete Auto Care, which was already located in the center has negotiated a new ground lease totaling 8,000 s/f in the center. Firestone has been a leader in tires since 1900, and will be relocated this winter. Noodles and Co. has also signed a deal moving them into a 5,000 s/f space. Also in the center is Ideal Image, a laser hair removal company that has a 3,000 s/f space. Dollar Forever is a dollar store that specializes in household items, and party items. It occupies 5,450 s/f in the center. The UPS Store is the final new tenant. The UPS store is the largest franchisor of retail shipping, postal, printing and business service centers. The UPS Store occupies a 1,114 s/f space. White City recently went through a large multi-tiered renovation that revitalized the center, and reestablished its dominance in the trade area. The overall shopping experience at the center, and the façade was upgraded.
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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.
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.

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.