News: Brokerage

Centro Properties Group selects NAI ReStore to sell 17-prop. portfolio

NAI ReStore has been selected by Centro Properties Group to market for sale a 17-property shopping center portfolio. The portfolio includes more than 1.3 million s/f of GLA (gross leasable area) in community shopping centers and grocery-anchored centers in nine southeast and midwest states, and has an aggregate value in excess of $90 million.   "Centro chose NAI ReStore to market this portfolio because NAI has brokers in the local communities where these centers are located," said NAI ReStore president and CEO David Solomon.
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DMG Brokerage completes $2.7 million sale of 55 Accord Park Dr.

Rockland, MA DMG Brokerage completed thel sale of 55 Accord Park Dr. for $2.7 million. The 26,000 s/f commercial property presented a unique marketing challenge due to its 60% vacancy and site restrictions that limited potential redevelopment options.
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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.