News: Brokerage

Malone Commercial Brokers sell 10,030 s/f retail building for $2.88 million

South Portland, ME Malone Commercial Brokers has completed the sale of 357 Maine Mall Rd. The 10,030 s/f retail building sold to 357 Maine Mall Road, LLC for $2.88 million. Mark Malone and Nick Malone of Malone Commercial Brokers (representing the seller) and John Finegan of The Boulos Company (representing the buyer) brokered the transaction.

After fifteen years serving as Maine’s only location of the Cracker Barrel restaurant franchise, the vacant space drew speculation about what would be the next chapter for this property. MCB reports that Great Bay Spa and Sauna will establish their second showroom featuring high quality hot tubs, swim spas, and saunas.

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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

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