News:
Brokerage
Posted: December 19, 2025
Gammons of Berkshire Hathaway HomeServices Commonwealth Real Estate sells 50 acres
Little Compton, RI Berkshire Hathaway HomeServices Commonwealth Real Estate negotiated the sale of more than 50 acres of waterfront land for $6.5 million, marking the highest reported land sale in the town’s last two decades.
The property, located along the Sakonnet River, was listed by Allen Gammons of Berkshire Hathaway HomeServices Commonwealth Real Estate. The land presents opportunities to build a private residence or subdivide for multiple new builds, located high above the water, with views toward Portsmouth and Middletown.
Ryan Shea of Homesmart represented the buyers in this transaction.
“This extraordinary sale speaks to the caliber and expertise of Allen Gammons and his team,” said George Patsio, managing partner of Commonwealth Realty Group, LLC. “We’re proud to have delivered an exceptional result for our client and to have represented this significant land transaction in Little Compton.”
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.
Quick Hits
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
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
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.