News: Retail

Shaffer of Press/Cuozzo completes two leases at the Gold Building

According to Stephen Press, SIOR, partner of Press/Cuozzo Commercial Services, Ted Schaffer, senior leasing broker, has completed two lease transactions at The Gold Building, officially 234 Church St., establishing 100% occupancy at this downtown property. Fairview Research, an information management and consulting company, has leased 2,400 s/f on the 7th floor. Ted Schaffer represented the landlord, 234 Church St. Associates, and the tenant was represented by Kevin Geenty, of The Geenty Group, Realtors. Ted Schaffer is the exclusive agent for the owner. Additionally, LienFactors, LLC has occupied 2,100 s/f on the 7th floor and will be relocating their corporate offices from North Haven. Ted Schaffer represented the landlord and the tenant in this transaction.
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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
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.
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.