News:
Brokerage
Posted: December 17, 2021
Planet Fitness and Supercuts open at 306,000 s/f Maynard Crossing
Maynard, MA Capital Group Properties announced retail openings at Maynard Crossing, a new 306,000 s/f mixed-use development with a mix of uses anchored by Market Basket. The new openings include, Planet Fitness and Supercuts, both of which had grand openings in early November.
In addition, CycleBar one of the largest indoor cycling franchises in the world, will be opening January 2022. Under construction and opening first quarter 2022 will be the following mix of medical, fitness, service, and food tenants: Emerson Hospital (Urgent Care), Bueno Y Sano Mexican fast casual restaurant, Zina Day Spa, Maynard Family Dental and F45 Fitness.
These new tenants will join a synergy of retail, dining, healthcare and entertainment users at the open-air development Maynard Crossing which is a thriving pedestrian-friendly environment. The development, which is located at 2-16 Digital Way, broke ground in 2019, integrating new residential communities with Halstead Maynard Crossing, a 180-unit luxury apartment complex, and Camellia Gardens, a 143-unit luxury senior independent living community. “Maynard Crossing has exceeded our expectation as the premier open air mixed-use center in the Metrowest and because of that Capital Group will be breaking ground on Phase II of the project in the spring of 2022 with the addition of two more buildings totaling 45,000 s/f,” said James Vazza, leasing manager of Capital Group Properties.
Recent store openings celebrated earlier this year at Maynard Crossing include Gymja Warrior, Paper Store, Spirits Liquor, Hair in Harmony, Middlesex Savings Bank, and Eco Nails.
MORE FROM Brokerage
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.
.png)
Columns and Thought Leadership
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.
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.
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
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,
