News: Retail

Linear Retail leases 9,000 s/f to Not Your Average Joe's and Starbucks

According to Linear Retail Properties, LLC, Not Your Average Joe's and Starbucks have signed leases at Daniel Webster Plaza at 225 Daniel Webster Hwy. Not Your Average Joe's and Starbucks together will take the entire 9,000 s/f pad currently occupied by Pier 1 Imports. The pad is located in the middle of the Spitbrook Rd./ Daniel Webster Hwy. retail block and is adjacent to Barnes & Noble. Linear Retail's new 12,000 s/f retail development, Daniel Webster Shops, is adjacent to the site to the north and the Shaw's, Petsmart, Sports Authority, Marshalls power center is directly adjacent to the site to the west. Not Your Average Joe's will take 7,100 s/f and operate on the Daniel Webster side of the pad building. Daniel Webster Plaza will be the restaurant's first site in New Hampshire and will offer 220 seats, a full bar and an extensive outdoor patio. Brian Nadler, of National Commercial Brokers Inc., represented Not Your Average Joe's. Dennis Maher, VP of store development for Not Your Average Joe's said, "We have been looking for a prominent site in the Daniel Webster Hwy. retail corridor for a long time. Linear Retail's site is a fantastic opportunity for Not Your Average Joe's to enter the Nashua and southern New Hampshire market." In addition to Not Your Average Joe's, Starbucks will open a 1,900 s/f store on the west side of the pad building. Tom Sibley of Atlantic Retail Properties represented Starbucks. Joel Kadis, partner of leasing with Linear Retail said, "The addition of Not Your Average Joe's and Starbucks completes our vision for the repositioning of Daniel Webster Plaza. With the grand opening of our adjacent Daniel Webster Shops this spring, we believe the Spitbrook/ Daniel Webster retail block has become a dominant retail nexus for shoppers in Nashua."
READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
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