News: Shopping Centers

SRS Real Estate Partners, Greenwood Realty and New England Development collaborate for Dick's Sporting Goods-58,750 s/f

According to SRS Real Estate Partners, Dick's Sporting Goods has leased 58,750 s/f at "The Source." Patrick Smith and Alex D'Alessandro of SRS' New York office and Tim McDougall of Greenwood Realty represented Dick's Sporting Goods in the lease. Carol Carbonaro of New England Development represented ownership, Bloomingdale Road Investors, LLC. The new store opened in April. The Dick's Sporting Goods lease represents the first step of the redevelopment of the former Fortunoff store, directly adjacent to The Westchester Mall. "The Source" is also occupied by Whole Foods Market, The Cheesecake Factory, Morton's, Destination Maternity and a planned Raymour & Flanigan. SRS Real Estate Partners (SRS) is the largest national real estate company in the country exclusively dedicated to retail services. Headquartered in Dallas with multiple offices nationwide, SRS' strong presence across the country provides the company with unparalleled local knowledge on a national platform. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and managed services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry's most influential and respected leaders.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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