News: Brokerage

McMahon of NAI Norwood Group leases 6,000 s/f at Exeter Commons

Chris McMahon of NAI Norwood Group's Portsmouth office has leased 6,000 s/f of retail space to Exeter Paint and G&N Flooring by Design at Exeter Commons Shopping Center on Portsmouth Ave. Exeter Paint and G&N Flooring By Design, the newest additions to Exeter Commons, are both locally owned businesses which have shared retail space on Portsmouth Ave. in Stratham for the past 10 years. When Abba Medical Supply decided to close its large store at Exeter Commons and downsize, McMahon saw the perfect opportunity for these two complementary businesses to occupy the vacant space and add to the shopping center's tenant mix. Through a creative approach, the tenants and the landlord, REL Commons, LLC, were able to put together a great space at Exeter Commons for both tenants to share and operate independently. McMahon is the leasing agent for the landlord, WJP Development, at all of its New Hampshire shopping centers.
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EAC Properties to separate from KW Collective for expansion as an independent CRE firm

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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

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.
End of the year retail thoughts - by Carol Todreas

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.