News: Brokerage

Christie and McGee of NAI Hunneman sell retail building for $1.3 million

NAI Hunneman has brokered the sale of a 12,000 s/f boutique retail building for $1.3 million. NAI Hunneman's Carl Christie, executive vice president, and Dan McGee, financial analyst and sales associate, represented the seller, F&M Trust, and procured the buyer, 1487 Main Street Realty Trust. Located at 1487 Main St., the building was constructed in 1987 and contains four retail suites totaling 12,000 s/f. "We found a great buyer for this boutique building that is strategically located in the center of Tewksbury," said Christie. "The new owner plans to hold it as an investment."
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Horvath & Tremblay sells three retail properties in New England for $3.65 million

New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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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.