News: Retail

Six stores join MarketStreet Lynnfield

MarketStreet Lynnfield, the North Shore's hottest shopping, dining and entertainment destination, welcomed the openings of six new stores and restaurants throughout the month of June. NIKE Running Lynnfield, Wahlburgers, Eddie Bauer, Tobey Grey, Pia, and We R Wireless each opened their doors within the past few weeks. With these six newcomers, MarketStreet Lynnfield now offers a collection of 75 stores and restaurants. Over the next few months, the property will continue to grow with upcoming additions of Lucky Brand, Sweetgreen, Pink Parkway (a Lilly Pulitzer Signature Store), Muse Paint Bar, Gaslight and more. "The mix of great national brands, local boutiques, fabulous restaurants, and social gathering places, along with the vibrant events we create, is truly what sets us apart and makes us a North Shore destination," said Nanci Horn, general manager of MarketStreet Lynnfield. MarketStreet Lynnfield is the North Shore's premium open-air shopping destination spanning 395,000 s/f. Anchored by Whole Foods Market and Kings Bowl America. WS Development develops, owns, manages and leases a portfolio of more than 88 properties totaling over 20 million s/f, with an additional 4 million s/f under development.
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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