News: Brokerage

IHOP opens at Northborough Crossing

IHOP Restaurant, celebrated its grand opening at Northborough Crossing on August 20. IHOP restaurants are franchised and operated by Glendale, Calif.-based International House of Pancakes, LLC and its affiliates. The Northborough Crossing IHOP will be the fifty-third location operated by this particular franchise company. Their other Massachusetts locations include Cambridge, Salem, Dedham, Plymouth and Brockton. One other IHOP located in nearby Shrewsbury and owned by a different franchisee will remain open. Northborough Crossing, a 600,000 s/f open-air shopping center situated atop a scenic hilltop at the juncture of Rte. 9 and Rte. 20 features anchors like the very first Wegmans in New England, BJ's Wholesale Club, Toys/Babies "R" Us, Kohl's, Golf Town, PetSmart, T.J. Maxx and Dick's Sporting Goods. The innovative addition of smaller lifestyle retailers and dining destinations at Northborough Crossing creates a diverse mix of shopping and dining alternatives.
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Horvath & Tremblay sells Starbucks in North Branford, CT for $2.519 million

North Branford, CT Bob Horvath, Todd Tremblay, Matt Nadler, and Ryan O’Rourke of Horvath & Tremblay have completed the sale of a Starbucks in North Branford, Connecticut. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $2.519 million.
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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.