News: Brokerage

Boylston Realty Advisors consultant on two new leases at Bell Circle Plaza

According to Boylston Realty Advisors, Dallas-based MetroPCS Communications has entered into a lease at the Bell Circle Plaza. MetroPCS, a provider of unlimited wireless communications services with nearly five million subscribers, will occupy 1,200 s/f at 3 Everett St. MetroPCS joins Advance Auto Parts, T-Mobile, MA Registry of Motor Vehicles at the new 50,000 s/f shopping center. In another transaction, Boylston Realty Advisors leased 1,200 s/f to A-Affordable Insurance Agency at the Bell Circle Plaza. A-Affordable Insurance Agency, Inc. is a fully licensed personal lines insurance agency with eight locations throughout eastern and central Massachusetts. Boylston Realty Advisors acted as a consultant to the owner of the property during the leasing process, along with Strategic Retail Advisors, the landlord broker.
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Horvath & Tremblay sells Trader Joe’s in Shelton for $7,882,639

Shelton, CT Bob Horvath, Todd Tremblay, Matt Nadler and Jack Laurendeau of Horvath & Tremblay have completed the sale of Trader Joe’s. Horvath & Tremblay exclusively represented the seller and brought the buyer to complete the transaction at a sale price of $7,882,639 which represents a 4.95% Cap Rate.
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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.