Portsmouth Book & Bar has leased 3,000 s/f of retail space on the first floor of the Customs House Building at 40 Pleasant St. Portsmouth Book and Bar anticipates a September opening as a bookstore cafe with an old-world ambience.
Janet Faulkner of Bean Group Commercial represented Portsmouth Book and Bar in this transaction. Arthur Pappas of Prudential Verani represented the landlord.
Arlington, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of Jason Arms, a 12 unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer in the transaction. The asset sold for $3.3 million.
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.