News: Brokerage

Freid and Meixner of Boston Realty Advisors reps. seller in $3.415m sale

127 West Central St., which has housed the local favorite, "The Fruit Peddler" for the past 60 years has sold. The sale price for the building was $3.415 million. This 14,200 s/f building started out as an ice cream shack; however a fire in 1980 prompted the ownership to rebuild the property as a retail and office building. The buyer will occupy the portion of the space once used by The Fruit Peddler for a new business venture; a spin off of their family owned pizza establishment, Bill's Pizza in Newton Centre. Stephen Davis of Davis and Dimarco represented the buyer while Jeremy Freid and Adam Meixner represented the seller, 127 W. Central LLC.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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Columns and Thought Leadership
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.
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.