News: Retail

McKinnon of The Grossman Cos. negotiates 1,625 s/f lease renewal

Coffee aficionados will be pleased to know that Brewed Awakenings, a popular purveyor of fresh coffee, baked goods, sandwiches, soups and salads, has renewed its lease for 1,625 s/f at the Pride Building at the corner of South and Main Sts. in Hingham Sq. Richard McKinnon, director of brokerage services for The Grossman Companies, Inc., negotiated the lease renewal, representing both the landlord, Hingham Square LLC, and the tenant. Since opening 15 years ago, Brewed Awakenings' cozy atmosphere has built a loyal following and has become a landmark in historic Hingham. The space was recently renovated. The Pride Building is home to other retail tenants including Nona's Ice Cream, Worldwide Travel and Critter Hut. The second floor is 100% leased to office tenants. The Grossman Companies, Inc., offers a full range of brokerage services with a focus on sales and leasing of commercial property throughout New England.
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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.

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.
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.
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.