Utopia Designs leases 1,389 s/f of retail space in Portland, Maine

Utopia Designs has leased 1,389 s/f of retail space at 468 Fore St. from 468 Fore St. Realty LLC. This space will be Utopia Designs' showroom for their custom made furniture made from recycled wood and metal. This transaction was brokered on behalf of the landlord by Peter Harrington of Malone Commercial Brokers and the tenant by Steve Baumann of CB Richard Ellis/The Boulos Company.

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Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million

Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace

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The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.