News: Brokerage

Centro Properties Group leases 1,539 s/f at Waterbury Plaza

According to Centro Properties Group, a 1,539 s/f lease has been executed with Nail Tek & Spa at Waterbury Plaza, located east of the James Darcey Memorial Hwy. (CT-8), on Chase Ave. north of Main St. Centro Properties Group is the owner of Waterbury Plaza and was represented by David Gerstenhaber with 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 610 properties is strategically located across 39 states and aggregates approximately 100 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.