News: Brokerage

Morris and Gagnon of O,R&L handle $2.1m sale to Aldi Inc.

Jay Morris and Phil Gagnon, CCIM, SIOR of O,R&L Commercial, LLC recently represented the seller, Joseph D. Carey, in the sale of a 6.22 acre site at 2640 Berlin Tpke., for $2.1 million. The site was purchased by Aldi Inc. for redevelopment with an Aldi grocery store. Atlantic Retail Properties represented the buyer.
MORE FROM Brokerage

Combined Properties renews 164,095 s/f lease to Conduent, Inc.

Lynnfield, MA According to Combined Properties, Inc., Conduent Inc., a leader in document technology and services for more than half a century, has renewed its lease of 164,095 s/f at 66-70 Broadway. The complex has served Conduent and prior affiliates since 1996.
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Columns and Thought Leadership
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.