The Town of Brookline Massachusetts

 

Brookline is a suburban town in Norfolk County, Massachusetts, on the western edge of Boston. Brookline was first settled in 1638 as a hamlet in Boston and incorporated as a separate town in 1705. Once part of Algonquian territory, Brookline was first settled by Europeans in the early 17th century. The northern and southern borders of the town were marked by two small rivers or brooks, the origin of the town’s name.

The neighborhoods, squares, and other notable areas of Brookline include: Aspinwall Hill, Beaconsfield, Brookline Hills, Brookline Village, Buttonwood Village, Brookline High School, Near Pierce District, Chestnut Hill, Cleveland Circle, Coolidge Corner, Corey Farm, Corey Hill, Cottage Farm, Fisher Hill, Larz Anderson Park, North Brookline, “Pill Hill,” The Point, Putterham Circle, The Runkle District, South Brookline (“Sobro”), Saint Mary and Washington Square. There are many neighborhood associations, some of which overlap.

The birthplace of John F. Kennedy stands in Brookline and is listed in the National Register of Historic Places. It is maintained by the National Park Service and open to the public four months of the year. Other points of interest include The Puppet Showplace Theatre, one of the four oldest puppet theatres in the U.S., located in Brookline Village, and the John Goddard House, built in 1767 and added to the National Register of Historic Places in 1985.

 

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J. Butler Property Management, LLC. : Brookline, Massachusetts

Elsewhere on this website, it was mentioned that an experienced commercial property manager (who also functions as the leasing agent) realizes the importance of the strategy behind how to negotiate the best possible deal for the client, the landlord, in lease negotiations. Retailers may negotiate to cancel their lease if their sales fall below their projections. This is an added concern for retailers who are leasing space in a weak shopping center or mall (or at times when the economy itself is weak). The better retailers may negotiate for the right to lease cancellation. Although this should be resisted, if it becomes a deal breaker for a good retailer, the cancellation right should be negotiated to lessen the chance that the tenant will cancel the lease. First, it is important to make sure that the lease cannot be cancelled unless the retailer’s sales do not exceed a specific volume during the third calendar year of the lease. The sales volume should be a realistic number and no less than the average sales of the tenant’s other stores after three years of operations (and no less than the national averages). The national average sales for dozens of types of retailers are published in Dollars & Cents of Shopping Centers. The retailer must have at lease three years, including three holiday seasons, to generate these sales. The cancellation is a one-time right during January, following the third calendar lease year. The tenant must also give the landlord a 120-day notice of cancellation. It is not likely the tenant will pay a cancellation fee, although it is good to ask for one.