News: Retail

Linear Retail leases 3,422 s/f to Five Guys

According to Linear Retail Properties, LLC, Five Guys Burgers and Fries is now open in Downtown Crossing at their 58 Summer St. location. Five Guys' location is a 3,422 s/f space with seating for 75 people. Customers will also be able to order online, through their smart phone or via text messaging. Adam Conviser of Conviser Property Group represented Five Guys and Tom Sibley of Atlantic Retail Properties represented Linear Retail. Joel Kadis, partner of leasing with Linear Retail said, "We are happy to see the transformation of this once boarded-up storefront into Five Guys' first restaurant in Downtown Boston. There has been a lot of positive activity in Downtown Crossing in the past year and Five Guys adds another desirable dining option for nearby workers, residents and visitors." Adam Conviser said, "This was a complicated deal but Linear Retail brought a sophisticated and flexible approach to our client and we got it done. We love the Downtown Crossing area and are excited Five Guys is now open."
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McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

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Columns and Thought Leadership
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.
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.