Malone Commercial handles two leases totaling 14,595 s/f
Malone Commercial handles two leases. Scarborough Meat House, LLC has leased 3,600 s/f of space from Jentry, LLC at 450 Payne Rd in Scarborough. Mark Malone, CCIM, Malone Commercial Brokers, and Megan Baldacci, Properties Northeast, completed the transaction.
Mercy Hospital has leased 10,995 s/f of space from Charter Westgate, LLC at Westgate Shopping Center in Portland. Malone, completed the transaction.
Ansonia CT Saugatuck Commercial Real Estate (SCRE) represented Investor Michael Berkowitz in the $8.3 million purchase of Ansonia Landing Shopping Center from a KIMCO-led Partnership. The 91,447 GLA shopping center is located at 100-172 Division St.
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.