News: Retail

Tri Town Retail Advisors to market new retail development

Bridgewater, MA Tri Town Retail Advisors has been exclusively retained to market the availability of 60-86 Broad St. The sponsor received approvals from the town for the construction of four buildings along Broad St. consisting of 62 residential units and 26,000 s/f of commercial space comprised of four adjacent buildings which will enhance downtown. The entirety of the project consists of an assemblage of five parcels and 10 years of planning.

“Downtown Bridgewater has been going through some pretty significant improvements over the past few years, and this is directly in the middle of it” said Eric Szczepkowski, partner/executive vice president of Tri Town Retail Advisors. “With this project being only a short walk to both Bridgewater State University and the MBTA rail into South Station, it affords a developer the opportunity to attract various tenants, both residential and commercial, that want to be a part of the vibrant downtown area”

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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
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.

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.
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.