News: Retail

Neville Cos. selected by Stop & Shop Supermarkets to manage 500,000 s/f

Neville Companies, Inc. was selected by Stop & Shop Supermarket Cos. to manage eight commercial properties comprised of over 500,000 s/f of retail and office space throughout New England. These properties, tenanted with local and national leaseholders alike, range in size and include an 180,000 s/f Stop & Shop anchored shopping plaza in downtown. Geoffrey Grab, Neville's director of business development, cultivated a relationship with the Stop & Shop Supermarket over the past several years of his career, and through his efforts, this contract was brought to Neville. Neville's Mass. office will handle the management of the Stop & Shop assignment under the supervision of Roger Tyler, director of property management, Geoffrey Grab, senior property manager and Lori DeSantis, property manager. Neville has been providing real estate and investment services in New England since 1989, with an emphasis on experience, integrity and competence. Neville is known throughout the region as a company that prides itself in customizing its services to meet the best interests of each client. Visit www.nevilleco.com to learn more.
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McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

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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.
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.
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.