News:
Brokerage
Posted: May 24, 2019
Cardente Real Estate completes $200,000 sale at 45 Portland Road
Cardente Real Estate
Gray, ME According to Cardente Real Estate, Bell Management, LLC, has purchased a retail building located at 45 Portland Rd. for $200,000. This transaction was brokered on behalf of the seller by Mike Cobb of Cardente Real Estate, and on behalf of the buyer by Kevin Fletcher of KW Commercial.
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Kelleher and Pentore of Horvath & Tremblay sell a 15-unit multi-family property in Chelsea, MA for $3.55 million
Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million. 827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
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.
