Montgomery of Redstone brokers 1,875 s/f lease to Five Guys Burgers & Fries
Ross Montgomery of Redstone represented Greg Vasey in the location of Vermont's first Five Guys Burgers & Fries located at the Gateway Shopping Center on Shelburne Rd.
The landlord, Acadia Realty, demised the former Blockbuster space to accommodate the 1,875 s/f restaurant.
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.
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.
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.