Centro Properties Group executes 2,550 s/f lease at Lynn Marketplace

According to Centro Properties Group, a 2,550 s/f lease has been executed with Marketplace Laundromat at Lynn Marketplace located at 43 State St., one block west of SR 1A on the southwest corner of State and Market Sts. Centro Properties Group is the owner of Lynn Marketplace and was represented by Mark Potter of Centro Properties Group. Centro Properties Group is one of the largest owners of community and neighborhood shopping centers in the U.S. Its portfolio of more than 630 properties is strategically located across 41 states and aggregates approximately 103 million s/f of gross leasable area.

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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.

Atlantic Capital Partners sells shopping center in Milford for $8m

Horvath & Tremblay completes sale of Walgreens store for $4.9m

Commercial Realty Advisors represents buyer in $1.9m acquisition

Prescott IOS and the Stubblebine Company complete 30,500 s/f on three acres of IOS in a build-to-suit lease at 3 Belcher St., Plainville, MA

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Papazian of Greater Boston Commercial Properties, Inc. completes $3.9m sale

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.

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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.