Salem, MA The Mega Group has completed the sale of 10-14 Lynch St., representing the seller, 10-14 Lynch St. Salem Realty Trust and its trustee, Anthony K Paone Jr. of Florida. The subject property is a 11,519 s/f 12-unit brick apartment building with nine off-street parking spaces on a 6,460 s/f corner lot.
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.