News: Retail

New Boston Fund leases 22,000 s/f to HomeGoods

New Boston Fund, Inc., a private equity real estate investment, development and management firm, has leased 22,000 s/f of to HomeGoods, Inc. at The Shops at Quonset Point. "New Boston is proud to welcome another anchor tenant to The Shops at Quonset Point," said Gary Hofstetter, senior vice president and Northeast regional director, New Boston Fund. "We are thrilled to see that the property is still attracting high-quality tenants such as HomeGoods in southern Rhode Island." HomeGoods will open its new space in the fall, joining existing premium retail tenants, including Verizon, Subway, Kohl's, Dave's Marketplace, Supercuts, Central Nails, and Sally Beauty. CBRE Grossman retail advisor Jeff Arsenault represented New Boston in the transaction and HomeGoods was represented by Philip Kling of The Clarks Companies.
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Columns and Thought Leadership
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.
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.
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.