News: Brokerage

Glickman Kovago arranges two sales - 6,656 s/f - including Sweet Bakery

Glickman, Kovago Co. brokered a lease agreement for a 2,456 s/f retail space located at 305 Shrewsbury St. to Sweet Bakery and Dessert Bar. Sweet is a unique new restaurant concept that combines an upscale retail pastry shop with a dessert bar/lounge. The pastry team is lead by Sweet's owner, Alina Eisenhauer, an award winning pastry chef and former owner of The Sturbridge Baking Co. Michael Jacobs and Peter Kovago handled the transaction. Glickman Kovago also arranged the sale of 130 Ferry St. in Grafton, Mass. Formerly the home of Lakeview Auctions, the property will be used as a newly expanded and second location for the Patricia Brosnihan Dance Center of Hopkinton. The buyer, 130 Ferry St. LLC, purchased the 4,200 s/f property from the owners of Lakeview Auctions. Jeff Borus, a vice president at Glickman Kovago, represented both the seller and the buyer.
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.