News: Brokerage

Kaplan of Davenport Realty brokers two leases totaling 3,240 s/f

David Kaplan of Davenport Realty Commercial Division has leased 1,840 s/f to Card$mart at Yarmouth Crossing owned by Route 28 Realty Trust. Card$mart sells greeting cards, gifts and party supplies. Card$mart proprietor Annmarie Russell, Davenport Building Company and the Town of Yarmouth worked together to transform the space from a pack and ship company into a value priced gift and card shop. In another transaction at Yarmouth Crossing, Kaplan leased 1,400 s/f to Amcomm Wireless - Premium Verizon Retailer. Amcomm, Davenport and the Town of Yarmouth worked together to go from lease to opening in six weeks, transforming a closed laundromat into a modern showroom. Other tenants at Yarmouth Crosing include Shaw's Supermarket, Citizen's Bank, Registry of Motor Vehicles, AutoZone, Blockbuster, Good Morning Cafe and Yarmouth Jewelers.
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Horvath & Tremblay sells three retail properties in New England for $3.65 million

New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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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

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.