Mancinone and Horvath of Marcus & Millichap broker $1.85 million sale

Adam Mancinone and Robert Horvath of Marcus & Millichap Real Estate Investment Services of New Haven were the sole brokers in the sale of the Southford Center located at 1481 Southford Rd. for $1.85 million. The site consists of approximately 4.6 acres of prime retail frontage and sits at the intersection of CT Rte. 188 and Rte. 67. The property is improved by a 13,836 s/f mixed use center. The first floor consists of six retail suites tenanted by local service based businesses, and the second floor contains four two-bedroom apartments. The property was sold by Connecticut based investors. Marcus & Millichap also secured the buyer, a Fairfield County based investor.

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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.

Northshore Phoenix High School moves to 10,744 s/f at Cummings Center

Northshore Phoenix High School moves to Cummings Center

Combined Properties leases 18,581 s/f in Centennial Park to HTS Engineering

Combined leases 18,581 s/f to HTS Engineering

Summit brokers freestanding Taco Bell entry into Cape Cod market

NAI Glickman Kovago & Jacobs brokers acquisition of Quarry Square

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Columns and Thought Leadership

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.

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.