Angel Commercial completes $630,000 sale

Jon Angel, president of Angel Commercial L.L.C., a Southport-based commercial real estate brokerage firm, completed the sale of 3546 Post Rd. for $630,000 to Riccio Realty. The new owner will occupy the entire 2,494 s/f building and launch an organic vegetarian café named Organika. Organika plans to open this spring serving breakfast, lunch and dinner.

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Marcus & Millichap brokers $3 million sale of industrial property in New Hampshire’s Lakes Region

Belmont, NH Marcus & Millichap has completed the sale of a single-tenant industrial property. The asset sold for $3.05 million.

Grove Property Group brokers $11.3m sale of 128-bed Providence student housing portfolio

Grove Property Group brokers $11.3m sale of student housing portfolio

Horvath & Tremblay sells three retail properties in New England for $13.58 million

Peck of Horvath & Tremblay completes the sale of 39 multi-family units in New Hampshire for $7.145 million

Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

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Kozlowski of Newmark Capital Markets secures $115.6 million financing for two properties in CT

Columns and Thought Leadership

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.