News: Brokerage

CBRE | Boulos completes two leases totaling 4,550 s/f

Craig Young of CBRE|The Boulos Co. brokered the lease of a 4,000 s/f free-standing building to be built at the Auburn Mall from Nobility LLC at 707-723 Turner St. on behalf of the landlord. Panera Bread is expanding quickly across North America and operates 1,504 bakery/cafés in 40 states and in Ontario Canada under the Panera Bread, Saint Louis Bread Co. and Paradise Bakery & Café names. Harmon Lewis of National Commercial Brokers represented the tenant. In another transaction, Nate Stevens of CBRE|The Boulos Co. brokered the lease of 550 s/f of retail space from Schoodic Equity Investors II, LLC at 851 Sawyer St. in South Portland. Webber is a local artist who currently sells her hand painted glassware online and in over fifty retailers. She intends to open her own studio carrying her work at this location.
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Columns and Thought Leadership
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.
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.