Retail

Bertucci’s plots a pizza pivot with new fast-casual concept

Bertucci’s plots a pizza pivot with new fast-casual concept

By Isabel Hart – Reporter, Boston Business Journal Bertucci’s, a once-popular casual dining chain known for its brick oven pizza and signature bread rolls, is testing a new fast-casual concept called Bertucci’s Pronto in Downtown Boston. After filing for bankruptcy twice—in 2018 and 2022—the brand is pivoting under the direction of owner Robert Earl (Earl Enterprises) to […]

Read more
Global Italian market Eataly heads to suburban malls in sign of further shift for retail centers

Global Italian market Eataly heads to suburban malls in sign of further shift for retail centers

By Linda Moss Eataly, the global Italian gourmet market and restaurant chain, is venturing outside cities such as New York and Chicago into the suburbs to rapidly expand in North America. In so doing, it’s showing how suburban malls are attracting traditionally urban tenants. The company opened its first location in New Jersey at the upscale Mall […]

Read more
CanalSide Food + Drink at CambridgeSide opens

CanalSide Food + Drink at CambridgeSide opens

Opening October 25th, CanalSide Food + Drink at CambridgeSide, is a new food experience offering local fare with global flair. CanalSide offers visitors waterfront views, a collection of eateries, and a centrally located bar. C-Side Bar, situated in the center of CanalSide, presents a selection of craft cocktails, beer, and wine available to pair with […]

Read more
Target plaza in Cambridge’s Porter Square sells for $20M

Target plaza in Cambridge’s Porter Square sells for $20M

By Greg Ryan CBRE Group Inc.’s investment arm has sold a shopping plaza in Cambridge’s Porter Square to two local firms for $20.1 million. Crosspoint Associates and Long Wharf Capital now own Porter Square Galleria, a 55,610-square-foot property anchored by a Target Corp. store. The plaza is 96% leased, with Retro Fitness, Citizens Bank and Anna’s Taqueria among its other […]

Read more
Simon Moves To Give Up Philadelphia Mall, Canceled Deal Could Signal Fatigue, Relocation Plans Spell Trouble for DC Office Loan

Simon Moves To Give Up Philadelphia Mall, Canceled Deal Could Signal Fatigue, Relocation Plans Spell Trouble for DC Office Loan

By Mark Heschmeyer Simon Moves To Give Up Philadelphia Mall: Retail real estate investment trust Simon Property Group is working with lenders to turn the title over to its 1.21 million-square-foot Philadelphia Mills Mall rather than pay off debt that was set to come due this month. The property backs $103.7 million in outstanding commercial mortgage-backed securities debt spread […]

Read more
Retail space availability has reached its lowest point in decades

Retail space availability has reached its lowest point in decades

By Mitchell Parton As retailers push into new cities and brands lean hard into brick-and-mortar as a strategy, it has become incredibly difficult to find space for a new storefront. Financing constraints due to elevated interest rates as well as zoning and infrastructure restrictions in some jurisdictions have limited construction of retail developments, limiting the amount of space on the […]

Read more

Compare