News: Brokerage

Baranowski joins New England Retail Properties

According to New England Retail Properties, Inc., Joseph Baranowski has recently joined their team. Baranowski comes to New England Retail Properties, Inc. from Developers Realty Corporation in West Hartford, Conn. where he was hired in 1990 to do their leasing, but eventually became responsible for managing, renovating and leasing their entire portfolio of 35 centers and three million s/f of property. In 2000, he was named president, chief operating officer and held that title until October, 2012. As COO he oversaw all legal, management, leasing and development. He was instrumental with developing and renovating several million square feet of property located in Texas, Pennsylvania, Virginia, North Carolina, Indiana, New York and Connecticut. He graduated from Pace University with a BBA in Marketing/Management and an associates degree in General Business and has also received his CSM Designation. Baranowski worked for several real estate development companies prior to his job at Developers Realty and New England Retail Properties. At New England Retail Properties, Inc., he will be responsible for development and brokerage assignments throughout the East Coast.
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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.
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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

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

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.