News: Brokerage

Ria K. McNamara pre-leases tenants at Northborough Crossing

On behalf of Capital Group Properties, Ria K. McNamara (RKM) has pre-leased several tenants at the new expansion of Northborough Crossing at 370 Southwest Cutoff. Applebees, Margaritas, Anthony's Coal Fired Pizza and an Urgent Care provider have all signed leases totaling 20,000 s/f for the new ground up construction project. Tenancy is expected to open in spring of 2016. The expansion is in the shadow of the first Wegman's in the state, as well as many other retail and restaurant users. RKM worked closely with the partners at Capital Group Properties, The Lerner Group, CRA, Allied Restaurant Group, and CBRE in securing these agreements. A total of 42,000 s/f is still available for lease.
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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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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.

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,