News: Retail

KeyPoint Partners sells 24,740 s/f retail property at 476 Boston Turnpike

KeyPoint Partners, LLC has negotiated the sale of 476 Boston Turnpike. Don Mace, vice president of leasing, negotiated the transaction on behalf of the owner, Torchlight Investors. 476 Boston Tpke., a former Borders Books store on Rte. 9, was sold to B-W Warrenville Operations, LLC. The property, which is prominently located in a retail-intensive section of Rte. 9 near Stop & Shop, Home Depot, Bed Bath & Beyond, Bob's Stores, and Staples, will soon be redeveloped for Buffalo Wild Wings and Tile Shop. "We have a successful record of developing and redeveloping retail space, and with the planned improvements and tenancies in queue, 476 Boston Turnpike will be a viable destination," said Mace.
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Retail

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
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.

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.
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.