News: Brokerage

KeyPoint Partners signs two new retail leases at Wayside Commons

KeyPoint Partners, LLC has negotiated two new leases at Wayside Commons. New retailers joining the area's premier lifestyle center include Stellabella Toys and Nails & Company. Stellabella Toys, which currently has two Cambridge, Mass. locations, is a unique toy emporium with a mix of traditional and educational toys designed to help children develop and have fun. The store was voted Best of Boston in 2006. Stellabella  will open at Wayside Commons this fall. Nails & Co. allows customers to experience a higher standard in its quality full-service nail salon, which will open next to Citibank at Wayside. The quality tenants at the 196,000 s/f lifestyle center include Ann Taylor Loft, Arhaus Furniture, The Beauty Cafe, Blue Tulip, Cacique, The Capital Grille, CitiBank, Cold Stone Creamery, Coldwater Creek, Connect, For Eyes, Ginger Pad, Green Tangerine Spa & Salon, Jared The Galleria of Jewelry, Justice Just for Girls, Lane Bryant, L.L. Bean, New Balance, New York & Company, Not Your Average Joe's, Omaha Steaks, Relax The Back, and West Elm. Remaining availabilities at the center range from 1,683 s/f to 8,186 s/f.
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Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million

Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
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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.