News: Brokerage

M&J Associates leases 1,800 s/f to Legacy Rugs in Natick

According to Mark Shair, owner of M&J Associates, Inc. Legacy Rugs has opened at 255 Worcester Rd., (Rte 9). The space is 1,800 s/f with full basement. It is on the westbound side of Rte. 9. The shopping center is 8,500 s/f and also includes Kitchen Interiors, a 35-year tenant, and a 3,500 s/f Chinese/asian restaurant that is under construction. Legacy Rugs sells antique and contemporary oriental and Asian rugs. The principals have decades of experience in this industry. In addition, interior design services are available. M&J Associate's, Inc is a full-service real estate firm with offices at 120 Wells Ave., Newton Mass.
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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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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

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

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.