Brixmor Property Group announced a 2,800 s/f Game Play USA video game store recently opened at Westgate Plaza, located south of I-90 on the southeast corner of Main St. (Rte. 20) and Mainline Dr.
Brixmor is the owner of Westgate Plaza and was represented by Andrew Malvezzi with Brixmor.
Brixmor is the second largest owner of community and neighborhood shopping centers in the U.S. and has been a leader in redevelopment over the last decade. Brixmor was selected as one of Chain Store Age's Top Redevelopers for work completed during 2011/2012. The company actively manages a national portfolio of more than 620 properties, aggregating 96 million s/f.
Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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.