H. Pearce Commercial and Just Restaurants sell former Frankie's - $650,000

359 Boston Post Rd, formerly known as Frankie's Restaurant, is under new ownership and is targeted to reopen as Upper Deck Sports Bar & Grill by April 1st. Craig Fuchs of H. Pearce Commercial represented the owner, Eastern Savings Bank (of Maryland), and John Russo of Just Restaurants LLC represented the buyer, Grumps Productions LLC, an experienced restaurant developer and operator. The 5,300 s/f building, with well-known 1,700 s/f roof-top deck for seasonal outdoor dining, on two parcels comprising 4.27 acres, sold for $650,000. Grumps plans major renovations and all new kitchen.

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Hardings and Fitzsimmons of Lila Delman Compass close on $3.6 million sale of 121 Kenyon Farm Rd., Narragansett

Narragansett, RI Lila Delman Compass brokered the sale of 121 Kenyon Farm Rd. for $3.6 million. Dan and Nicole Harding represented the sellers, and Ashley Fitzsimmons represented the buyers.

Marcus & Millichap arranges $3.9 million sale of 56,000 s/f 470 Pine St.

Marcus & Millichap arranges $3.9m sale of 56,000 s/f 470 Pine St.

Sweeney R.E. & Appraisal facilitates showroom lease at Greenwich Mills

Sweeney facilitates showroom lease at Greenwich Mills

Capstone Properties sells two-building complex for $4m

Compass sells 134 Ives St.

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Sweeney R.E. & Appraisal sells 11,638 s/f office for $4.2 million

Columns and Thought Leadership

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

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.