News: Brokerage

Giuttari and Surprenant of MG Commercial lease 8,414 s/f in Pawtucket

Mike Giuttari, SIOR, president and Gerry Surprenant, senior vice president of MG Commercial have leased 8,414 s/f of corporate office space at 413 Central Ave. to Sassy Baby. The property is an historical mill rehab of the former American Insulated Wire complex, which is being completely renovated by Brady Sullivan Properties from Manchester, N.H. The redevelopment will create 145 residential apartment units and 45,000 s/f of office and retail space. Sassy Baby is a newly acquired division of Angelcare Holdings of Montreal, best known for its Angelcare Monitors. Sassy Baby is in the business of new product development and marketing of infant and juvenile products. This new space will become the corporate and marketing headquarters for Sassy Baby.
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.