News: Brokerage

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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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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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.