News: Brokerage

Mowers of C&W and Foote of OR&L cobroker $275,000 retail/office sale

Grubb & Ellis Company, a leading real estate services and investment firm, recently brokered a $275,000 retail/office deal. CHL Realty Trust has sold a 5,400 s/f building at 327 Main St. to XDF Computer Systems, a premier professional services firm providing network integration and systems support. The building is located on .41 acre of land and has frontage on both Main St. and West St. The acquirement allows the purchaser to now better serve its clientele and meet the needs of its growing business. Kim Mowers, senior vice president of the Grubb & Ellis Stamford office, represented the seller and Stephen Foote, vice president of OR&L Commercial, Rocky Hill, represented the buyer in the transaction.
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The Griffith Pepdjonovic Group of Marcus & Millichap arrange $8.875 million multifamily sale

Boston, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of 15 Euston Rd., a 24-unit multifamily property in the city’s Brighton neighborhood. The asset sold for $8.875 million.
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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.