News: Brokerage

Guralnick of H. Pearce Commercial completes 4,183 s/f long-term lease

Richard Guralnick, CCIM, senior broker at H. Pearce Commercial Real Estate, has completed a long-term lease transaction for 4,183 s/f at 2 Sybil Ave. The new tenant is Ballou's Wine Bar of Guilford, which will be opening its second location adjacent to area landmark "Bud's Fish Market." Ballou will offer a wide variety of world famous wines and an expanded and unique assortment of micro-beers. The food offerings will consist of an assortment of pasta dishes, specialty salads, Panini's, assorted cheeses and fondues from around the world and gourmet coffees. Proprietors Steve and Debbie Kaye are very excited at this new opportunity to expand their business to this great location. They will be taking advantage of the additional 2,200 s/f outdoor patio for the warmer months. Bud's Realty, LLC is the property owner and Guralnick was the sole broker in the transaction.
MORE FROM Brokerage

Bradley of Horvath & Tremblay handles $9.5m Belmont Portfolio sale

Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.