Cardente Real Estate leases 26,000 s/f to World Gym in Portland
According to Cardente Real Estate, World Gym has leased 26,000 s/f of fitness space at 265 Marginal Way.
The transaction was brokered on behalf of the landlord, Arrow Realty, by Matthew Cardente of Cardente Real Estate.
Ansonia CT Saugatuck Commercial Real Estate (SCRE) represented Investor Michael Berkowitz in the $8.3 million purchase of Ansonia Landing Shopping Center from a KIMCO-led Partnership. The 91,447 GLA shopping center is located at 100-172 Division 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.