News: Retail

Linear Retail Properties leases 1,842 s/f to Peet's Coffee

According to Linear Retail Properties, LLC, Peet's Coffee, based in Emeryville, Calif., is now open at the corner of Charles St. and Mt. Vernon St. in the heart of the Beacon Hill neighborhood. The 1,842 s/f Peet's Coffee shop, at 66 Charles St., offers its quality, hand-roasted coffee along with gourmet baked goods in an upscale setting. The location is in the center of Beacon Hill's Historic District, two blocks from Boston Common and the Public Gardens. Pat Paladino of Colliers represented Peet's Coffee and Adam Conviser of Conviser Property Group represented Linear Retail Properties, LLC in the deal. "Peet's Coffee brings a vibrant, upscale, coffee shop experience to the heart of Beacon Hill. It took a while but we believe we found the ideal retailer for our marquis Beacon Hill location," said Joel Kadis, partner - leasing and development of Linear Retail. "We're thrilled to be opening our new location in Beacon Hill, and serve even more Peet's fans our fresh quality coffee and hand crafted espresso beverages," said Meghan Hurley, regional marketing manager of Peet's Coffee. Shown (from left) are: Adam Conviser, Conviser Property Group; Steve Young, former chair of Beacon Hill Civic Association; Adam Schuhose, general manager of Peet’s Beacon Hill; Keeta Gilmore, chair of Beacon Hill Civic Assn.; Josh Zakim, city councilor; Joel Kadis, partner – leasing and development of Linear Retail; and Patrick Paladino, SVP of Colliers International
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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