Lyman Real Estate leases 5,400 s/f to The Surf & Turf Grill in Westbrook

Westbrook, CT According to Ron Lyman, CCIM, CEO of Lyman Real Estate, Jolly Property East, LLC, has leased the 5,400 s/f Lenny’s restaurant property at 110 Boston Post Rd. to Rose Gabucci of G and R Management Group, LLC. The lessee plans to open The Surf & Turf Grill, a full-service family steakhouse and pub, during the first week of May. There will be pool tables, big screen TVs and live entertainment, and a huge new deck for warm weather dining, daytime and under the stars.

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Hardings and Fitzsimmons of Lila Delman Compass close on $3.6 million sale of 121 Kenyon Farm Rd., Narragansett

Narragansett, RI Lila Delman Compass brokered the sale of 121 Kenyon Farm Rd. for $3.6 million. Dan and Nicole Harding represented the sellers, and Ashley Fitzsimmons represented the buyers.

Marcus & Millichap arranges $3.9 million sale of 56,000 s/f 470 Pine St.

Marcus & Millichap arranges $3.9m sale of 56,000 s/f 470 Pine St.

Sweeney R.E. & Appraisal facilitates showroom lease at Greenwich Mills

Sweeney facilitates showroom lease at Greenwich Mills

Capstone Properties sells two-building complex for $4m

Compass sells 134 Ives St.

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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.