News: Brokerage

Micozzi Management Inc. acquires 311 Newbury St. for $7.18 million

Micozzi Management Inc. acquired 311 Newbury St from Compass Realty Associates LLC for $7.18 million as an investment. The single-story, class A retail building was redeveloped in September 2007 into a 12,900 s/f build-to-suit to accommodate CVS Pharmacy. CVS is locked into its triple-net lease agreement through January 31st, 2033. The buyer and seller were self-represented.
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Columns and Thought Leadership
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.
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.