A. Russo & Sons has acquired 532-542 Pleasant St. for $3 million. The property is located in a strategic section of the town near Newton and Waltham, close to Stop & Shop, Repton Place, hundreds of new construction condominiums, Shaw's plaza in Waltham and more.
The transaction was brokered by Thomas Blakely, CCIM, president of TRB & Assoc. located in Lincoln, Mass. TRB exclusively represented the seller and procured the buyer after an extensive and complete marketing process, which produced one of the highest prices ever paid for a comparable parcel of land.
Hingham, MA Union Square Donuts, the Somerville-based donut shop, will open a new location at Derby Street Shops later this summer. Founded in 2012, Union Square Donuts has built a devoted following across Greater Boston for its from-scratch approach and creative flavor combinations.
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.
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.