News: Brokerage

Grossman Co.'s 15,000 s/f Morrissey Marketplace looking for tenants

Offering excellent neighborhood demographics and a daily traffic count of 76,000 vehicles, a wide range of retail and service-oriented tenants are showing interest in the Marketplace On Morrissey just off the southeast expressway (Rte. 3/93) at 960 Morrissey Blvrd. in Boston's Neponset section. Richard McKinnon, director of brokerage services for The Grossman Companies, Inc. of Quincy, exclusive broker for the property, says the 15,000 s/f commercial plaza is subdividable into units of 1,200 - 5,000 s/f. The site can accommodate two tenants requiring drive-throughs. In designing the plaza, The Grossman Cos. worked closely with local community groups and the Boston Redevelopment Authority. Discussions are underway with ideal tenants such as a coffee shop, café restaurant, day spa and bank. Morrissey Blvd. is a popular route to and from downtown Boston. The Marketplace on Morrissey site is a short distance from the Boston Harbor campus of the University of Mass., Boston College High School, and the Bayside Expo Center. The site is near several well-known landmarks including Phillips Candy House, Lambert's Market, Ramada Inn and Comfort Inn, among others.
MORE FROM Brokerage

Carlson of New England Realty Advisors LLC brokers $1.69 million sale of Summer Street Apartments in Haverhill, MA

Haverhill, MA New England Realty Advisors LLC has completed the sale of 85-87 Summer St., an eight-unit multifamily property known as Summer Street Apartments, for $1.69 million. The transaction equates to a sale price of $211,250 per unit and reflects the strong, sustained investor appetite for well-located, cash-flowing multifamily assets in the Merrimack Valley.
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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

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