Kenney of ARC Realty leases for Northstar at Parkman Brook S.C.

Several new leases have recently been signed at Parkman Brook Shopping Center, according to Ray Kenney of ARC Realty Advisors. Bootlegger's (6,000 s/f), Planet Fitness (20,000 s/f) and Pet Life (7,500 s/f) have now opened. "Northstar completely transformed this center by renovating with a clean, modern look which attracted several strong regional operators," said Kenney. The center is located on Portsmouth Ave. (Rte. 108) directly across the street from Shaw's Supermarket and other regional retailers. ARC Realty Advisors, LLC is a retail leasing firm based in Boston, Mass. specializing in landlord representation. Northstar Centers owns regional shopping centers throughout New England and its principal is Frederic Leopold.

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Sullivan & Sullivan brings 14 Class A office condos to auction

Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.

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Marcus & Millichap arranges $2.4 million multifamily sale

Downtown Realty acquires 3.6 acres for $2.1 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

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

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.