The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]
Waiting for the new episode of the True Detective or Once Upon a Time? Consider yourself a mystery, history or architecture fan? Stretch your legs and get ready to explore the fascinating historical Cambridge Common Historic District on a sunny morning. The Cambridge Common Historic District is a historic district located in one of the […]
When shopping in any retail store the average shopper would never think that there could possibly be an undercover shopper amongst them. This is exactly what happened to Cambridge recently as 30 independent retailers in the city received mystery shopping visits from undercover shoppers testing to see how the customer service was rated. This was […]
The University Station project in Westwood has been delayed for years. As the state’s largest development project, many are excited to see the dormant project take shape again. Phase 1 was anticipated to be competed by fall of 2014, but the project stalled in 2010. The location is ideal, just off I-95, and major retailers […]
Reis Reports Q1 2013 Retail Trends written by Kevin Friedman. Here are some significant and noteworthy trends from the Retail sector of commercial real estate in the first quarter of 2013, as explained by Dr. Victor Calanog, VP of Economics and Research at ReisReports. The retail sector, which only began to visibly display signs of healing in 2012, […]
In our previous post, we mentioned that companies such as Neiman Marcus are placing a greater emphasis on smaller spaces. This trend is not limited to high-end retailers. In Massachusetts, small to mid-size vendors are reaping the benefits of the ongoing state and nationwide housing recovery. With the recession in its rearview mirror, the Massachusetts […]
The sale of luxury goods has always been a vital component of the retail market. In order to appeal to the world’s wealthiest customers, some retailers have begun to make slight changes in their operating strategy. Neiman Marcus Inc. is one such example. The global retailer specializing in high-end fashion items, filed its initial public […]
With things looking shaky on the home front, Chinese investors have decided to try their hand in American real estate. Wealthy Chinese are pouring money into commercial and residential properties across the United States, from high-rise condominiums in San Francisco to office towers in Manhattan. Ms. Zhang Xin, the CEO of China’s largest commercial real […]
Julian Lewis of ABG Realty recently leased 2,750 square feet of retail space on 655 Eastern Ave in Malden to Parisian Style Beauty Supplies. Parisian Style signed a 5 year lease for the space in Route 60 Plaza, with an expected opening date of September 1st. It will be relocating from their current location of […]
Julian Lewis of ABG Realty recently represented Redbones in the transaction of 333-339 Commercial Street in Malden. As a result of the transaction, Redbones is excited to announce that they are opening up a second location on Commercial Street in Malden! The famous Southern barbeque restaurant signed a 10-year lease for the 9,000 square-foot building formerly occupied by Rosebud […]
