News: Brokerage

Dragon of Central Plaza Realty & Development leases 15,000 s/f

Central Plaza Shopping Center - Lowell, MA Central Plaza Shopping Center - Lowell, MA

Lowell, MA James Dragon, managing partner for Central Plaza Realty & Development LLC, the owner of Central Plaza Shopping Center in downtown, completed the lease of 15,000 s/f to Discount Valley Inc. which will operate a discount department store in addition to its two other Massachusetts locations.

Discount Valley will open before Christmas and joins other Central Plaza tenants including AutoZone, Pizza Hut, Family Dollar Rite-Aid, Subway, RadioShack, VMart Grocery Store, Rent-A-Center and Subway.

MORE FROM Brokerage

Chozick Realty completes $42 million sale of 189-unit Avon Woods Apartments

Avon, CT Chozick Realty - CRXE Group have completed the $42 million sale of Avon Woods Apartments, a 189-unit apartment community. Located on 47 acres, Avon Woods is a desirable apartment complex in the greater Hartford region. Residents have a combination of privacy with grounds, woodlands, walking trails and frontage on the Farmington River as well as being well located at the junction of Rtes. 10 and 44 with access to all of the town and the surrounding communities throughout the Farmington Valley, West Hartford and Hartford.
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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.