News: Brokerage

ERA Morrison and Concord Management negotiate lease for Angela's Pizza

According to Dick Bruno, general manager of ERA Morrison Commercial Properties, Angela's Coal Fired Pizza has successfully negotiated a long term lease on 890 Broadway on Rt.1. Bruno represented Angela's Coal Fired Pizza. This will be the flagship location for this new concept in a full service casual dining experience. Angela's Coal Fired Pizza will feature an open kitchen design with two enormous coal ovens, the first of its kind in Mass. The coal fired process enhances the flavor profiles of the pizza and other menu items which sets it apart from other cooking processes and creates a unique dining experience. The new operation is owned by Eric Sederi, president. His partner, Al Guevara, will be the vice president of Operations. Both men are local residents and have extensive business management and restaurant experience. Acting on behalf of the landlord was Bruce Gurall and Travis Snell of Concord Property Management. The site was previously occupied by Papa Gino's restaurant. The owners of Angela's plan a complete interior/exterior renovation to the property which will showcase Angela's and plan for a grand opening this month.
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RapDev leases 17,587 s/f at 501 Boylston St. - lease brokered by JLL

Boston, MA RapDev, a leading software-engineering and DevOps consultancy, has leased 17,587 s/f at 501 Boylston St. in the city’s Back Bay. The company moved into the new space this summer, consolidating operations onto a single floor to accommodate growth and create a workplace that reflects its collaborative culture.
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End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
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.

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas

As new tariffs continue to impact the global economy, retail businesses and investors are grappling with heightened uncertainty. From new high tariffs to supply chain issues to evolving consumer behaviors, continual changes are making it as or more challenging than the pandemic years. Yet, amidst this turbulence,

Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino

Boston’s iconic Newbury St. continues to thrive as one of the most vibrant and compelling retail corridors in the United States. Nestled in the heart of the Back Bay, this historic St. has evolved into a powerhouse of high-St. retail, where luxury meets lifestyle and legacy brands coexist with up-and-coming names. With its European charm, diverse architecture, and unmatched foot traffic, Newbury St. remains a dynamic reflection of Boston’s energy, culture, and economic strength.