Name: Marc Koenig
Title: Principal
Company: Marc D. Koenig Realty, Inc. d/b/a MDK Realty; Medfield Retail Partners
Location: Medfield, Mass.
Place of birth: Brooklyn, N.Y.
Family: Four children ages 16 - 26
College: University of Massachusetts, 1973, Magna Cum Laude
First job unrelated to your current field: Office copier salesman
First job in real estate or allied field: Broker with CB Commercial
What your firm does now and its plans for the future: Retail real estate leasing, investment and development.
Hobbies: Motorcycling, classic muscle cars
Favorite book: "The Man to See" by Edward Bennett Williams
Favorite films: "Goodfellas"
Key to success: Hard work, focus on client's/partner's needs and commitment to success.
Person you most admire (outside of family): Richard Henken
If you had to choose another vocation what would it be? Divorce lawyer
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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.