News: Retail

Summit Realty Partners completes two leases totaling 8,800 s/f

Summit Realty Partners has completed two lease signings at Exeter Commons Shopping Center, which brings the 96,000 s/f shopping center to 100% occupancy. Advance Auto Parts and Great Clips have executed leases for 7,500 s/f and 1,300 s/f respectively and are currently under construction at the neighborhood shopping center located at the lighted intersection of Portsmouth Ave. and Alumni Dr. The national retailers will join several existing area businesses including Margaritas Mexican Restaurant, Rite Aid, Dollar Tree, One The Vine, Little Critters Pet Center, Stop & Shop, Dunkin Donuts and many other great businesses in Exeter's thriving commercial corridor. Chris McMahon of Summit Realty Ptrs. represented the Portsmouth, N.H.-based landlord, WJP Development, in securing both tenants. The Dartmouth Company represented Great Clips and Atlantic Retail represented Advance Auto Parts. Summit Realty Ptrs. is currently involved in another project in located at 1-3 Portsmouth Avenue in Stratham.
Tags: Retail
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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
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.
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.
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.