News: Retail

Market Basket and Hobby Lobby to open at Waterstone's The Ridge

According to Waterstone, owner and developer of The Ridge, and the city of Rochester, Market Basket and Hobby Lobby will open at their newest project in early 2016 along with Marshalls, Petco and many other destination shops, restaurants and services. Market Basket, the regions top supermarket chain, is under construction on an 80,000 s/f grocery store offering customers a wide variety of products including specialty, organic, international and prepared foods as well as its wide selection of grocery items, all at a great value to its customers. "The addition of another Market Basket location in Rochester will be a wonderful new amenity to our community," said Rochester Mayor T. J. Jean. "I look forward to the new offerings which will be available with Market Basket's newer stores." Josh Levy, principal of Waterstone said, "Market Basket is an excellent company that provides outstanding value, selection and service to its customers. With such a premier addition to an already exciting line-up of retailers, The Ridge will provide one-stop shopping and dining at great value to both local and regional shoppers. We will continue to partner with City of Rochester representatives and the community, who have been very supportive, to match our line-up of stores and restaurants with the needs and wants of local residents and the surrounding areas." A 55,000 s/f Hobby Lobby is also slated to open early 2016. The arts and crafts discount mega-store will feature more than 70,000 home décor, arts, hobbies, holiday and seasonal products. Hobby Lobby Stores operates over 600 stores across the nation including their newest location in Seabrook, N.H. at Waterstone's Seabrook Crossing on Rte. 1 where they have been very well received.
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