News: Retail

European Wax and Courtesy Cleaners to open at Garden City Center

As Garden City Center continues its transformation into a 21st Century lifestyle destination, two new stores have been added to the mix that will offer shoppers the ability to pamper themselves and run their errands in one convenient location. On October 22, European Wax opened the doors to its new Garden City Center location and began a four-day grand opening celebration. European Wax will be located in a 1,787 s/f store near Whole Foods Market. Courtesy Cleaners has opened a new 1,875 s/f store near Dunkin Donuts. Courtesy Cleaners is certified by the independent organization America's Best Cleaners for innovation, leadership in Green initiatives, expertise and professionalism. Courtesy Cleaners is the only dry cleaner in Rhode Island utilizing SYSTEMK4's new, environmentally friendly cleaning system. In September, Garden City Center announced LA Fitness will open its first Rhode Island location in Garden City Center in a new 38,000 s/f building to be constructed on the site of the former Borders Bookstore.
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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