News:
Brokerage
Posted: November 28, 2014
Klemyk joins Waterstone Retail as senior vice president and national director of leasing
According to Waterstone Retail, Lee Anne Klemyk has joined as senior vice president and national director of leasing. Klemyk will be directing Waterstone's leasing activity for more than 3.5 million s/f of existing retail space and an additional 1 million s/f of space under development. Waterstone's retail portfolio includes 45 properties in the Eastern U.S. including Mass., N.H., Maine, South Carolina, Tennessee and Florida.
Waterstone was recently designated as the second largest retail developer in New England by National Real Estate Investor magazine (2014).
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
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.