News: Brokerage

Cushman & Wakefield sell Shoppes at Page Pointe for $15.8 million

Cushman & Wakefield completed the sale of Shoppes at Page Pointe, for $15.8 million to Inland Real Estate Acquisitions, Inc. The Cushman & Wakefield team, led by president Rob Griffin, executive vice president Geoffrey Millerd and senior associate Justin Smith, oversaw the transaction of the 50,900 s/f property on behalf of EDENS. Shoppes at Page Pointe presented investors with a unique opportunity to acquire a newly constructed, institutional-quality asset in one of suburban Boston's premier marketplaces. The property is anchored by a 45,000 s/f LA Fitness, and boasts a high-performing T.G.I. Friday's. "Shoppes at Page Pointe is strategically located along Rte. 139, one of Stoughton's main thoroughfares," said Millerd. The 100% leased property, is positioned adjacent to a newly constructed 144,000 s/f Target.
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Saugatuck Commercial Real Estate secured two new retail locations for Kneads Bakery Cafe in Fairfield and Greenwich, CT

Fairfield, CT Saugatuck Commercial Real Estate (SCRE) has secured two new prime retail locations for Kneads Bakery Cafe in Fairfield and Greenwich, CT. The multi-city expansion marks a major milestone in the long-term partnership between SCRE and the growing artisanal brand.
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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.