News: Brokerage

CBRE/NE sells Dollar Tree for $2.85 million

CBRE/New England Capital Markets completed the sale of 756 Lafayette Rd., an 11,356 s/f single-tenant Dollar Tree for $2.85 million. The Dollar Tree is located directly adjacent to Seabrook Commons, a new power center anchored by Walmart, which provides an enormous draw to the immediate area. CBRE/New England exclusively represented the seller and procured the buyer, an affiliated company of Avise Properties, in the transaction. "Avise Properties has acquired a prime asset in a proven retail location," said CBRE/New England's Nat Heald.
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Sullivan & Sullivan brings 14 Class A office condos to auction

Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.
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Columns and Thought Leadership
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.
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.