News: Brokerage

Keefe and Lindland of HK Group sell Brooks Brothers building for $7.6 million

Matthew Keefe and David Lindland of HK Group were the sole brokers for the sale of the Brooks Brothers at 987 Boston Post Rd. The 9,837 s/f retail store was purchased by Kleban Properties for $7.6 million. Kleban Properties is a real estate developer operating from offices throughout Fairfield County, for over 30 years. HK Group is a full service commercial real estate firm started in 1988. It has grown from a local Westport business to one which today encompasses an operating area of N.Y., Conn. and N.J.
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Wyzer Biosciences to relocate to 5,800 s/f space at Cummings Properties’ Boston Ave. innovation campus

Medford, MA Wyzer Biosciences will relocate next month from 85 Bolton St. in Cambridge to Cummings Properties’ Boston Ave. innovation campus. The firm’s new headquarters encompasses 5,800 s/f of administrative and laboratory space. Founded in Cambridge in 2011, Wyzer provides customized, end-to-end DNA sequencing and preparation services for the biopharma, biotech, and academic research sectors.
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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.