News: Retail

RKF & Associates selected to consult for Legal Sea Foods along the east coast

Robert K. Futterman & Associates (RKF), has been selected to consult for one of America's leading seafood restaurants, Legal Sea Foods. Stephen Asch, senior vice president of RKF, will be responsible for devising a comprehensive real estate strategy for the restaurant. "Partnering with RKF will enhance our presence in key markets. Their expertise in the development and execution of strategic plans, site selection and market analysis will help us identify new opportunities," said Roger Berkowitz, president/CEO of Legal Sea Foods. Over the next 18 months, the retailer plans to open six to eight retail locations in urban and suburban settings along the eastern coastline. The new restaurants will range between 6,500 and 8,500 s/f. "Legal Sea Foods represents the very best in the restaurant business, and we are excited to introduce this great concept to new markets," said Asch.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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