The commercial real estate retail market has experienced minimal change in the first quarter of 2015. The retail market saw the vacancy rate held at 3.9%; vacancy rates are determined by a “percentage of the total amount of physically vacant space divided by the total amount of existing inventory.” The Boston retail market includes the […]
Jason Owens, the man behind Bee’s Knees Supply co., is making waves in South Boston. The high end supermarket, slated to open this winter, will boast a unique selection of high-quality, gourmet foods. The store will include 5,500 square feet of fresh produce, meats, seafood, as well as downtown Boston’s largest selection of cheese. In […]
Say goodbye to Johnnie’s Foodmaster, a supermarket chain founded in East Cambridge in 1947. Last week it was confirmed that all 10 Foodmaster supermarkets are closing. After 65 years in business, doors are set to close on November 30th. Reports that Whole Foods Market would purchase 6 of the 10 leases the Foodmaster chain held […]
Wegmans, a high-end grocery chain based in Rochester, New York, is set to break ground on a new Massachusetts store on October 16th. The family owned grocery chain opened its doors in 1916 and today boasts 78 stores in 5 states and employs over 40,000 people. The new 135,000 square-foot store, located in Northwest Park […]
Whole Foods Market, a high-end organic food store dubbed, “America’s Healthiest Grocery Store,” is making its way into Massachusetts—and fast. The construction of six new Whole Foods Markets in Massachusetts has not yet been confirmed; however, the grocer is reportedly in negotiations to either lease or purchase, “6 of 10 Johnnie’s Foodmaster sites in Arlington, […]
