News: Retail

The Grossman Companies, Inc. leases 1,247 s/f to Lapels Dry Cleaning in Quincy

Lapels, a franchise dry cleaning chain, has leased space at the The Residences at Munroe Place at 1205 Hancock St. With the Lapels lease of 1,247 s/f, one retail unit of 1,428 s/f remains available for lease in the building. Representing the landlord was Richard McKinnon, director brokerage services for The Grossman Companies, Inc., Quincy-based commercial real estate firm, who brought the tenant to the deal. He is exclusive broker for The Residences at Munroe Place. Locally-based Lapels is a leading environmentally friendly neighborhood dry cleaning franchise system. The company was recognized as one of Entrepreneur Magazine's Top 50 New Franchises, and has been listed among the New England Franchise Association's "Top 10 Fastest Growing Organizations." The Lapels store joins several other retail tenants at Munroe Place including Scottrade, Starbucks and T Mobile.
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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.
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.

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.
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.