News: Brokerage

Charter Realty now leasing 2 spaces totaling 5,750 s/f at Wells Plaza

Charter Realty & Development Corp. is now leasing the Wells Plaza located on Rte. 1. Reny's Five Star Cinemas, Dollar Tree, and Pet Quarters anchor this 94,027 s/f center. Hannaford Bros. is located next to the center. The center currently has two spaces of 1,880 and 3,870 s/f available in addition to a pad site that can be up to 7,000 s/f.
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Kelleher and Pentore of Horvath & Tremblay handle $3.3m sale of Jason Arms, a 12 unit multi-family property

Arlington, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of Jason Arms, a 12 unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer in the transaction. The asset sold for $3.3 million.
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Columns and Thought Leadership
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.
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.