News: Brokerage

Glickman Kovago leases 3,540 s/f

Glickman Kovago and Company completed a lease between AT&T Mobility Corporate and RFP VI Hotel Worcester-O LLC. The 3,540 s/f retail space is located at 500 Lincoln St. AT&T will occupy 3,540 s/f of the new 6,000 s/f commercial retail box on Kohl's pad. The new interactive store lay-out is designed to focus on customer's mobile lifestyle. Worcester is among the first to be awarded the new design and is further proof of AT&T's commitment and investment to the city. Michael Jacobs, principal of Glickman Kovago and Company, handled the transaction.
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Kelleher and Pentore of Horvath & Tremblay sell a 15-unit multi-family property in Chelsea, MA for $3.55 million

Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million.  827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
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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

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.