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Brokerage
Posted: April 27, 2018
Cardente of Cardente Real Estate leases 2,200 s/f at 299 Forest Avenue
Portland, ME According to Cardente Real Estate, Bier Cellar has executed a new lease agreement for their 2,200 s/f retail space at 299 Forest Ave. The Bier Cellar originally opened their location at 299 Forest Ave. in 2012. The lease with Bier Cellar marks the second long-term tenant opting to stay at the property. In September of 2017, Bradford’s Rug Gallery, Inc., a tenant at 297 Forest Ave. for over a decade, inked their new lease. These lease transactions were brokered by Matthew Cardente of Cardente Real Estate.
In another transaction, WOODHULL Public House is expanding their restaurant and has leased an additional 1,280 s/f of commercial space at 30 Forest Falls in Yarmouth, Maine. This transaction was brokered on behalf of the landlord, Forest Falls J, LLC and the tenant by Mike Cobb of Cardente Real Estate.
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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property
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Quick Hits
Columns and Thought Leadership
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
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.
