News: Brokerage

HK Group and The Dartmouth Company lease 2,162 s/f at 166 Main Street

HK Group and The Dartmouth Company has co-broked Jonathan Adler for the 2,162 s/f retail space at 166 Main St. This space was previously occupied by Achorns Pharmacy. Jonathan Adler, is a designer, known throughout the world for his bright and inspiring home decor. Adler has 20 stores throughout the country and one location in London. This will be his second store in Connecticut, the first being in Greenwich. The landlord was represented by Mal Jacobson, executive vice president of the HK Group of Westport. The tenant was represented by Fritz Kemerling of The Dartmouth Co. with offices in Greenwich, NYC, Boston, Albany, N.Y. and Paramus, N.J.
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
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.