CBRE/New England and Grossman Commercial RE form joint venture
CB Richard Ellis/New England and Grossman Commercial Real Estate, Inc. are forming a joint venture that will focus on the retail market. Known as CBRE/Grossman Retail Advisors, the joint venture will be overseen by Howard Grossman, serving as president/managing principal.
The CBRE/Grossman team will also include senior vice president and prinicpal Jeremy Grossman; senior vice president and principal Kyle Juszcyszyn; vice president of property management Paul Connolly; and senior leasing associate Paul Grossman.
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
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.
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.