News: Brokerage

McWeeney of WS Development leases 40,000 s/f at Lisbon Landing

According to WS Development, Dick's Sporting Goods has signed on at Lisbon Landing, located on Rte. 12. Dick's will occupy an approximately 40,000 s/f store which will be located next to O'Neil Cinemas' Lisbon Landing Cinema 12. "This is a strong market for Dick's. They'll have great visibility from I-395 and will be surrounded by a number of high-performing tenants," said Lori McWeeney, director of leasing, WS Development. "We're thrilled to bring Dick's Sporting Goods to Lisbon Landing." At 560,000 s/f, Lisbon Landing is one of the region's largest open-air shopping centers and serves Eastern Connecticut and the I-395 corridor. In addition to the cinema, the center is anchored by The Home Depot, Kohl's, and Walmart Supercenter.
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Kelleher and Pentore of Horvath & Tremblay sell a 15-unit multi-family property in Chelsea, MA for $3.55 million

Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million.  827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
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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

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