News: Retail

Charter Realty negotiates 26,112 s/f lease for Patidar Supermarket

Woburn, MA Charter Realty, a full-service commercial real estate brokerage firm based in Westport, CT, has negotiated a new lease with Patidar Supermarket at Commerce Way Marketplace. Patidar, an Indian-specialty grocery store with roots in New Jersey, has signed a lease to occupy 26,112 s/f at the center and is set to open its doors around May of 2025. Charter represented the tenant, Patidar, and CBRE represented the landlord, IT 112 Commerce Way, LLC, in the transaction.

Patidar Supermarket will be taking over the former Bob’s Discount Furniture space and joining desirable co-tenants PetSmart and Chipotle in Commerce Way Marketplace. The center is located at a signalized intersection across from a high-performing Target and has access to and from I-93 and I-95. Patidar will occupy a slice of one of Woburn’s primary retail, residential, and hospitality corridors, sharing a corner of Commerce Way and Atlantic Ave. with Emblem 120, a new 289-unit residential community.

This will be Patidar’s fourth location overall, and its first outside of New Jersey. Patidar’s introduction to Woburn will provide a much-needed grocery option for the area, and the store’s commitment to offering fresh, nourishing products at competitive prices will be greatly appreciated by countless community members. Their presence will also be a boon to the city and region’s South Asian population.

Tags: Retail
MORE FROM Retail
Retail

The Landing at Hyannis expands with additional retailers

Hyannis, MA The Landing at Hyannis continues its transformation with three new businesses joining its roster of retail and dining options. These brands, making their debut on Cape Cod, include fashion retailer Nordstrom Rack, physician-owned medical spa SkinMD, and eyewear retailer Warby Parker.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.
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.
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.
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.