News:
Brokerage
Posted: June 26, 2008
Keypoint Partners negotiates 5,100 s/f lease for LA Boxing
KeyPoint Partners, LLC has negotiated a new 5,100 s/f lease with LA Boxing at Bernie's Cumberland Plaza. KeyPoint Partners' vice president of leasing Don Mace represented the landlord in the transaction.
LA Boxing is a national operator of distinctive cardio boxing and kickboxing health and fitness gyms, and is the gym of preference for amateur and professional athletes and people in the mainstream who are dedicated to leading fit and healthy lives.
Bernie's Cumberland Plaza is a 59,000 s/f strip center located in a super regional retail market on heavily traveled Rte. 1. Tenants at the center include Bernie's Electronics and Appliance Superstore, David's Bridal, FedEx/Kinko's, Corners, Newbury Comics, and Unique Dental Care.
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
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
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.