News:
Brokerage
Posted: July 23, 2015
Angel Commercial leases 6,600 s/f in Milford
Jon Angel, president of Angel Commercial LLC, has leased 6,600 s/f of industrial space at 49 Research Dr., Unit C, to Summit Screw and Machine Corp.
Summit Screw & Machine is a precision Swiss screw machine shop that has been providing quality turned screw machine components and screw machine parts for over 40 years. With roots firmly established in Milford, the company will not be moving far from their current location on Eastern Steel Rd.
"Summit outgrew their 3,000 s/f building and needed space to accommodate current and future business needs. 49 Research Dr. is an ideal fit, offering flexible manufacturing and office spaces," said Angel, who represented the landlord in the lease negotiations.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Columns and Thought Leadership
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
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.