News: Brokerage

Blakely of TRB & Associates brokers $3 million hotel sale

TRB & Associates represented the buyer and has brokered the sale of the 108-room Plymouth Bay Inn & Suites located at 149 Main St. for $3 million. NAI/Hunneman Commercial was the exclusive agent for the seller. Thomas Blakely, CCIM and president of TRB & Associates, Inc., procured and represented the buyer, Payal Hotel LLC in the transaction. "TRB & Associates, Inc., is extremely pleased to have represented the buyer in this transaction. It is always a pleasure to provide commercial real estate brokerage services to high quality clients" said Blakely.
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Combined Properties renews 164,095 s/f lease to Conduent, Inc.

Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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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.