News: Retail

Realty Partners, NE secures two leases totaling 9,200 s/f

Christopher DiGuiseppe, director of leasing for Realty Partners, NE leased 2,400 s/f to The Serentiee Restaurant Group aka The Spot in Georgetown, Mass. The Spot is Serentiee's most recent restaurant adding to its existing portfolio that includes locations in the the most affluent markets on the North Shore of Boston. The Spot is a free-standing building located in the center with exterior café seating. The original location was tenanted by Rory O'Conner's who was represented by Boston Restaurant Group. Realty Partners has also finalized a 5,000 s/f space in downtown Winchester for Serenitee Restaurant Group that will be opening this fall. Alchemy will be located at 14 Thompson St. Realty Partners finalized an 1,800 s/f location with Tutti Frutti Frozen Yogurt at Hooksett Landing in Hooksett, N.H. With the addition of Tutti Fritti Yogurt, DiGuiseppe has brought the occupancy of Hooksett Landing to 100%. Realty Partners also represented Anytime Fitness, Modern Nails, and NE Tap House over the past year leasing 13,000 s/f. Realty Partners, NE is Hooksett Land Development's exclusive leasing agent and responsible for leasing Hooksett Landing. "The Hooksett market is a growing market and a prime retail destination. Hooksett Landing is located at the fifty yard line of the commercial corridor and it is the best location for convenience retail within the market. I have one freestanding pad site which can accommodate a 1,800 s/f fast food with drive thru," said DiGuiseppe.
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Retail

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.
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.
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.

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.