News: Retail

Plotkin of NRL&M brokers two new Town Fair Tire store leases

According to Daniel Plotkin, principal of Windsor-based Northeast Retail Leasing and Management Company, two new Town Fair Tire stores have opened - in Braintree (8,000 s/f) in the Stop & Shop center located at 300 Grove St. and Keene, N.H. (7,200 s/f) on Key Rd. adjacent to Autozone. The two stores represent the latest in tire retailing and installation technology and have the newest, state of the art tire balancing and four wheel alignment equipment in the industry. The two new stores follow the retailers formula of locating in or as close as possible to regional trade areas with high traffic, middle to upper middle incomes, high vehicle counts and high-draw co-tenancy. Both stores are examples of Town Fair's ability to redeploy existing space rather than build new buildings, although its prototypical building of 70' x 100' is preferred when feasible. Town Fair continues to seek locations throughout eastern Massachusetts, New Hampshire and Maine. Plotkin of Northeast Retail Leasing and Management Complany exclusively represents Town Fair Tire.
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Ask the Electrician:  How do I prepare my commercial building for a disaster?

Ask the Electrician: How do I prepare my commercial building for a disaster?

New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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