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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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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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.