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.
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.
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.
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.