BEDFORD, MA — Richard McKinnon, Director of Brokerage Services for The Grossman Companies, Inc., has been named Exclusive Agent for the retail shops at The Village at Taylor Pond in Bedford, Mass.
A new development, The Village at Taylor Pond is the only significant retail site on this part of the Middlesex Turnpike. It is just minutes from Routes I-93, 95/128 and 3. The property is owned and managed by Criterion Development Partners.
A range of configurations is available from 1,192 to 9,824 square feet.
The residential part of The Village at Taylor Pond consists of 188 luxury apartment homes that occupy the two floors above the retail shops. In addition to this •captive audience' of some 300 residents, there are another 234 apartments across the street at The Heritage at Bedford Springs plus surrounding upscale neighborhoods.
The daytime population swells to some 37,000 employees from many nearby companies including Millipore, Sun Microsystems, MITRE and others that occupy over three million square feet of office space.
McKinnon, who has over 25 years of commercial brokerage experience in New England, says a key attraction for retailers to the property is the demographics. Within one mile, the median household income is $113,000 and within 3 miles, the median is $106,000. The average age 40. The daily traffic count on Middlesex Turnpike is 13,000 vehicles.
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