News: Retail

Wilder Cos. awarded Garden City Center leasing/management contract

The Wilder Companies has been awarded the leasing and management contract for Garden City Center, Rhode Island's premiere lifestyle shopping center. The contract was awarded by TA Associates Realty of Boston, one of the largest privately held real estate advisors in the U.S. Garden City Center is currently located to serve all Rhode Island's shoppers including Providence and Warwick. It is a 480,000 s/f lifestyle/open-air center with 55 shops, services and eateries featuring Chico's, Coldwater Creek, Cohoes, Williams-Sonoma, Borders and Whole Foods. Making it a unique destination is the addition of many local merchants including designer clothier Mel & Me, Ltd., shoe store F. Bianco, Mediterranean bistro Café Luna, and the ever popular Newport Creamery. Other merchants include Jos. A. Bank, Banana Republic, EMS, Papa Razzi and Starbucks. "Garden City Center has a long, vibrant history with Rhode Island shoppers. It was one of the first centers of its kind in the country, and generations have fond memories of Garden City Center shopping excursions. The center continues to be a popular shopping destination home to today's most desirable stores set in an updated, charming, village setting. We look forward to building on a solid past for an even brighter future," said Wilder principal, Thomas Wilder.
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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