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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Hannigan of Choyce Peterson negotiates 8,306 s/f lease to Carbon Capture Machine
Trumbull, CT Choyce Peterson, Inc. represented Carbon Capture Machine (CCM) in securing a lease for 8,306 s/f of flex space at 60 Commerce Dr. This transaction involved a flexible office and lab environment, with CCM leasing space ideal for both administrative and lab production functions. Choyce Peterson principal John Hannigan represented CCM in this transaction.
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.
