framingham.com (*** TEST SITE ***)

Tag: commercial real estate

  • Nobscot Shopping Center to be Redeveloped

    Nobscot Shopping Center to be Redeveloped

    (PHOTO) Former Coutryfare Star Market at 770 Water Street sits vacant in Framingham, MA
    Formerly a Coutryfare Star Market grocery store, the largest retail space in the Nobscot Shopping Center has sat vacant for nearly a decade.

    FRAMINGHAM, MA – Since reporting that the owners of the Nobscot Shopping Center had demolished the vintage sign that stood out front for the past half-century, there have been only small bits of news about the property’s future.

    I had this article almost finished last night, but was waiting for a reply from Steve Sylven, an official spokesperson for SuperValu Inc., (NYSE: SVU)

    While most of the complaints about the shopping center have been directed at Centercorp Retail Properties, Inc., the listed agent for the plaza — it appears Centercorp’s hands are literally tied, preventing them from doing anything at the plaza.

    According to Steve, “SuperValu”, the parent company of (more…)

  • Annie’s Book Stop in Nobscot Calls it Quits

    Annie’s Book Stop in Nobscot Calls it Quits

    Annies Book Stop / Espresso Paulo, Nobscot Shopping Center, Framingham MA, (July 28,2011 photo)
    Soon the lights will be out for good at Annie's Book Stop / Espresso Paulo & the Nobscot Gallery in the Nobscot Shopping Center, Framingham MA, (July 28,2011 photo)

    FRAMINGHAM, MA– Nobody can blame Paul Ashton, he’s made more of an effort than most to keep the small business he operates in the Nobscot Shopping Center alive — waiting, hoping for an economic rebound, or at least some signs of life.

    On Thursday July 28th, Ashton, owner of Annie’s Book Stop & Espresso Paulo sent out a press release, regretfully announcing he is closing up shop.

    Although he hasn’t set an exact closing date, starting Friday, July 29th, he will be holding an “Everything Must Go” sale.

    In his press release, Ashton commented, “Obviously I feel quite sad about this. The book store has been in this plaza for over 20 years, and I have owned it since 2000. As other booksellers, both new and used, have found, book-buyer habits have changed significantly in recent years.”

    Citing recent trends in online shopping, Ashton went on to explain (more…)