Centro Properties leases 13,865 s/f at Freshwater-Stateline Plaza

According to Centro Properties Group, a 13,865 s/f lease has been executed with Jo-Ann Fabrics and Crafts at Freshwater-Stateline Plaza, located one block east of I-95, adjacent to Enfield Square, on the southeast corner of Elm St. (Rte. 220) and Freshwater Blvd. Tim McNamara of SullivanHayes Companies Northeast, LLC, Farmington, represented Jo-Ann Fabrics and Crafts. Centro Properties Group is the owner of Freshwater-Stateline Plaza and was represented by Charles Davis with Centro Properties Group. Centro Properties Group is the third largest owner of community and neighborhood shopping centers in the U.S. Its portfolio of 593 properties is strategically located across 39 states and aggregates approximately 96 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.

Northshore Phoenix High School moves to 10,744 s/f at Cummings Center

Northshore Phoenix High School moves to Cummings Center

Combined Properties leases 18,581 s/f in Centennial Park to HTS Engineering

Combined leases 18,581 s/f to HTS Engineering

Summit brokers freestanding Taco Bell entry into Cape Cod market

NAI Glickman Kovago & Jacobs brokers acquisition of Quarry Square

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Russell and Nolan of Pearce close deal on 30,000 s/f industrial building

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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.

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.