Davis Marcus Partners bought a 25,852 s/f retail building for $3.5 million from APCA TSI LLC. The building in located on 750 Union St., and is fully leased to the Boston Sports Club. NAI Hunneman Commercial, represented the seller, APCA TSI LLC and procured the buyer, Boston-based Davis Marcus Ptrs., formerly known as the Davis Cos.
Narragansett, RI Lila Delman Compass brokered the sale of 121 Kenyon Farm Rd. for $3.6 million. Dan and Nicole Harding represented the sellers, and Ashley Fitzsimmons represented the buyers.
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.
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.