News: Brokerage

Brockwell of MJB Real Estate leases 22,000 s/f to Planet Fitness

Mark Brockwell, president of MJB Real Estate Services of Westport is proud to announce the recent lease of 22,000 s/f to Planet Fitness, making Hamden Plaza 100% occupied. Dan Johnson, vice president of MJB, represented both the landlord and the tenant. Planet Fitness has been a resident of Hamden, CT for over 30 years and chose Hamden Plaza for its many amenities and tenant base. Shortly before the Planet Fitness signing, MJB was responsible for leasing a combined 4,200 s/f to Froyo World and Moe's Southwest Restaurant, adding to the plaza's diverse tenant mix. Johnson represented the landlord and the tenant in both of these transactions. MJB is the exclusive agent and property manager for Hamden Plaza.
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Horvath & Tremblay sells three retail properties in New England for $3.65 million

New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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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.