News: Brokerage

McKinnon of The Grossman Cos.represents for lease 16,262 s/f

A 16,262 s/f end cap retail unit on one of the Boston area's most high-traffic thoroughfares is coming available this year. "The space at 860 Commonwealth Ave., currently home to East Coast Alpine, is ideal for a wide range of retail users - including an urban grocer, clothing, fitness or restaurant," said Richard McKinnon, director of brokerage services for The Grossman Companies, Inc. McKinnon represents the landlord. "The location is exceptional," said McKinnon. "The pedestrian and vehicle traffic is huge and the demographics are incredible. There's a population of 255,000 within 2 miles, with a median household income of $89,770. It's rare that such an opportunity presents itself."
MORE FROM Brokerage

Horvath & Tremblay sells Starbucks in North Branford, CT for $2.519 million

North Branford, CT Bob Horvath, Todd Tremblay, Matt Nadler, and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Starbucks in North Branford, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.519 million.
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Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

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

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.