News: Retail

Todreas Hanley Associates brokers 1,700 s/f retail lease to Monella

According to Todreas Hanley Associates, Monella has opened at Thornes Marketplace. Monella, a specialty fashion store for women, has its flagship store in Harvard Square and is owned and operated by fashion retailer Haluk Ozek. The new store in Northampton occupies almost 1,700 s/f on the first floor of Thornes. The glass storefront has a distinctive contemporary look and the window display highlights Monella's selection of both trendy and classic women's fashions. Thornes Marketplace has recently undergone improvements designed to enhance the retail experience while maintaining the building's distinctive character. Thornes was originally the largest department store in Northampton. In the 1980s it was converted to a retail center with an array of local and regional retailers and quickly became an attraction for local residents, students, and visitors to the region. Today Thornes Marketplace is the centerpiece of a vibrant eight block downtown area, and Northampton remains the dominant shopping destination in the region. Todreas Hanley Associates leased the space, and is the marketing, leasing, and physical improvement consultant for the property.
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Columns and Thought Leadership
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.

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.
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.