Morizio and Cafasso of Colliers Dow & Condon broker $18 million sale

Summit Orange LLC purchased 110 Marsh Hill Rd. for $18 million from National Amusements of Mass. Nicholas Morizio, SIOR, CRE and John Cafasso, CCIM of Colliers Dow & Condon represented both parties. Summit, based in Southport, closed on the first of the four locations. The former multiplex location (across from the proposed Stew Leonards) will be redeveloped for a new 350,000 s/f regional service center by The United Illuminating which has, in turn, purchased the location from Summit. Colliers Dow & Condon has three other Showcase Cinemas under contract to Summit Development for retail development.

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Peck of Horvath & Tremblay completes the sale of 39 multi-family units in New Hampshire for $7.145 million

Lee, NH William Peck of Horvath & Tremblay has facilitated the sale of two multi-family transactions totaling $7.145 million. The Mast Road Portfolio, a 30-unit multi-family portfolio, sold for $5.12 million and 72 Oak St.

Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

NAI Glickman Kovago & Jacobs brokers $13.5 million sale of 134,648 s/f industrial/flex building

NAI Glickman Kovago & Jacobs brokers $13.5m sale of 134,648 s/f

The Davis Companies closes long-term lease with Downeast Global Logistics at 530 John Hancock Rd.

The Davis Cos. closes long-term lease with Downeast Global Logistics

Colliers represents Marcus Partners and Rhino Capital Advisors in 88,000 s/f industrial lease

Colliers reps. Marcus Ptrs. and Rhino Capital in 88,000 s/f ind’l. lease

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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

Columns and Thought Leadership

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

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.