News: Brokerage

Four new tenants open at South Cape Village

According to David Kaplan, leasing manager at South Cape Village, a 160,000 s/f grocery anchored shopping, four new tenants opened at the center. The Mashpee Chamber of Commerce has opened their new visitor center and offices in a 1,212 s/f inline space at 17 Joy St. Tacos Tacos, a tacquiria style takeout and quick-serve, opened in August. It is a 994 s/f space. M. Cohen & Sons, a high-end architectural custom metal designer and fabricator serving both residential and commercial construction also opened in August. M. Cohen & Sons, a part of spiral staircase manufacturer The Iron Shop, has taken 710 s/f. Recently opened is Stephen Haines Photography, featuring portrait and event photography, and Wicked Restaurant and Wine Bar has added an additional 1,000 s/f to its previous 4,755 s/f footprint. South Cape Village is an outdoor center, which appeals to year-round customers and draws from the Cape's 5.3 million annual visitors.
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Wilder and J.P. Morgan Asset Management acquire The Marketplace at Huntingdon Valley, launching new retail investment partnership

Huntingdon Valley, PA Wilder, a leading retail real estate development, leasing, and management firm, has completed the acquisition of The Marketplace at Huntingdon Valley, a 257,000 s/f community shopping center in Pennsylvania, through a newly formed investment partnership with investors advised by J.P. Morgan Asset Management.
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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.