George J. Smith & Son sells 3.1-acre parcel to CVS for $3m project

DeForest Smith, CCIM, SIOR, president of George J. Smith & Son Commercial & Investment Real Estate, has sold a 3.1-acre parcel on Rte. 44 to CVS. The seller was an investment group the Smith firm established to purchase a 13-acre parcel. The group sold a portion of the property and doubled its initial investment. Construction is expected to commence soon and be completed this fall. The final project cost will be in excess of $3 million.

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Peck of Horvath & Tremblay completes the sale of 39 multi-family units in New Hampshire for $7.145 million

Lee, NH William Peck of Horvath & Tremblay has facilitated the sale of two multi-family transactions totaling $7.145 million. The Mast Road Portfolio, a 30-unit multi-family portfolio, sold for $5.12 million and 72 Oak St.

Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

NAI Glickman Kovago & Jacobs brokers $13.5 million sale of 134,648 s/f industrial/flex building

NAI Glickman Kovago & Jacobs brokers $13.5m sale of 134,648 s/f

The Davis Companies closes long-term lease with Downeast Global Logistics at 530 John Hancock Rd.

The Davis Cos. closes long-term lease with Downeast Global Logistics

Colliers represents Marcus Partners and Rhino Capital Advisors in 88,000 s/f industrial lease

Colliers reps. Marcus Ptrs. and Rhino Capital in 88,000 s/f ind’l. lease

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Morizio joins Ionic Development Company as project manager

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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

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.