News: Brokerage

Galvin of H. Pearce Commercial Real Estate leases 3,992 s/f to Fitness Club LLC

According to H. Pearce Commercial Real Estate, Joel Galvin leased 3,992 s/f at 50 Main St. to Fitness Club LLC which is moving from a Rte. 1 location. Galvin represented the landlord, Lucien Grenon, and Penny Parker of William Raveis Real Estate of Old Saybrook repreented the tenant. The lease is for a five year period.
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Wilder and Greenberg Gibbons for joint venture to acquire Wakefield Commons

Wakefield, NC Wilder and Greenberg Gibbons have formed a joint venture to acquire Wakefield Commons, a 163,975 s/f shopping center located in the high-growth submarket of Raleigh, N.C. The acquisition marks a significant milestone for both firms – representing Wilder’s entry into the North Carolina market
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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.