News: Brokerage

Construction is progressing on 78,500 s/f Market Basket in Bedford: Pro Con, construction manager; Prellwitz/Chilinski, architect

Construction is progressing on schedule for the new 78,500 s/f Market Basket store located 539 Donald St. RMD Inc of Tewksbury, MA is the developer for Demoulas Super Markets Inc and the Market Basket stores. Prellwitz/Chilinski Associates Inc of Cambridge, is the project architect and Pro Con Inc of Manchester, N.H. is the construction manager for the project. "The interior mechanicals are currently being installed in preparation for the placement of the concrete slab," said the project manager for Pro Con Inc. "The exterior framing is complete, the roof is weather tight and the entire building will be enclosed by December. We continue to be on schedule for a spring 2013 completion date." The new store is located just off Rte. 114 and near the intersection of Rtes. 101 and 114. The store will feature a Market's Café, a Market's Kitchen, and an in-store bakery. Oversized store-front windows will allow natural light into the building and high efficiency lighting fixtures will illuminate the aisles. The building's exterior will feature Hardie plank siding and ground face block.
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Wyzer Biosciences to relocate to 5,800 s/f space at Cummings Properties’ Boston Ave. innovation campus

Medford, MA Wyzer Biosciences will relocate next month from 85 Bolton St. in Cambridge to Cummings Properties’ Boston Ave. innovation campus. The firm’s new headquarters encompasses 5,800 s/f of administrative and laboratory space. Founded in Cambridge in 2011, Wyzer provides customized, end-to-end DNA sequencing and preparation services for the biopharma, biotech, and academic research sectors.
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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.