News: Brokerage

Plotkin Northeast Retail assists in opening of two Town Fair Tires

Daniel Plotkin, principal with Northeast Retail Leasing & Management Company, LLC has assisted Town Fair Tire in the opening of its two newest stores, in Somersworth at 3 Handle Rd. in front of Home Depot and in Marlborough, Mass. at 481 Boston Post Rd. The Somersworth store brings the N.H. store count to 6 and the Marlborough store brings the overall count to 69. Two other stores are under construction in Billerica, Mass. on Rte. 3A and Biddeford, Maine on Alfred St. Town Fair Tire is New England's largest tire retailer and one of the only such retailer that does not change fluids or sell parts. Town Fair looks for high-traffic locations that support around 7,000 s/f in or near the dominant retail trade areas of suburban New England. Plotkin says that Town Fair has 3 other stores in the development pipeline and wants to continue to grow in southern/central N.H., Maine and suburban metro Boston.
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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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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,

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.
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.