News: Brokerage

Centro Properties leases 1,200 s/f to Metro PCS and 11,000 s/f to Dollar General at Torrington Plaza

According to Centro Properties Group US, two retailers, Metro PCS and Dollar General, have joined Torrington Plaza located west of Hwy. 8 at the intersection of Main St. and Litchfield St. Metro PCS recently opened and currently occupies 1,200 s/f. Dollar General has executed a lease and will be occupying 11,000 s/f. John Ferris of CBRE / Grossman Retail Advisors LLC, Boston, Mass., represented Metro PCS. Tim McNamara of SullivanHayes Companies, Farmington represented Dollar General. Centro Properties Group is the owner of Torrington Plaza and was represented by Mark Potter with Centro Properties Group.
MORE FROM Brokerage

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.