News: Retail

Lewis of Vidal Wettenstein brokers sale of 50,000 s/f shopping center

The 50,000 s/f Strawberry Hill Shopping Center, located at 420-444 Westport Ave., anchored by Staples and Blockbuster, recently sold to an entity affiliated with Westport-based Paragon Realty Group LLC. Robert Lewis, partner in the Westport commercial real estate firm Vidal Wettenstein represented Paragon, while Joseph Breault of M.F. Discala represented the sellers, SH Realty. Lewis was the sole broker in the sale of 490 and 508 Westport Ave., a 55,600 s/f retail property which is tenanted by The Fitness and Tennis Club and Ski Market. This property was also purchased by an affiliate of Paragon Realty Group in the last quarter of 2007.
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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.

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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.
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.