Marty Kane of King & Newton, LLC has negotiated the $690,000 sale of 1272 Memorial Dr., a 5,670 s/f one-story free standing retail building, known as Breakers Bar and Restaurant.
The property was sold to DTSJ, LLC by BCD Holdings, Inc.
strong>Lynn, MA Stephen Girolamo, Dennis Kelleher, and John Pentore of Horvath & Tremblay completed the sale of a 36-unit multifamily property at 12-16 Border St. for $8.367 million, equivalent to $232,417 per unit.
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.
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.