News: Retail

Cohen, Jacobs and Kovago of Glickman Kovago handle 2 leases

Glickman Kovago & Co. has brokered two new leases. The first was a lease between Stafford Station and Family Discount Dollar. The 4,800 s/f retail space, part of the 48,000 s/f Stafford Station, is located at 120 Stafford St. in Worcester. Family Discount Dollar is expanding to four locations with the addition of this store. David Cohen, vice president at Glickman Kovago, handled the transaction. Glickman, Kovago also brokered a lease agreement for a 2,200 s/f retail space located at 732 Southbridge St. in Auburn between Southbridge Credit Union and Teree Salon & Spa. Teree Salon & Spa will be relocating from Oxford, Mass. 732 Southbridge St. is a newly built 7,500 s/f building anchored by Southbridge Credit Union. Michael Jacobs and Peter Kovago handled the transaction.
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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.

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.