News: Brokerage

NAI Glickman Kovago & Jacobs mediate 1,700 s/f retail lease at 97 Boston Turnpike

Shrewsbury, MA NAI Glickman Kovago & Jacobs on behalf of Jefferson Shrewsbury LP recently leased 1,700 s/f of retail space at 97 Boston Tpke. The new tenant, Massage Ultra will be relocating from their current location at 149 Boston Tpke. to the plaza. They will join several national retailers including Trader Joe’s, Total Wine, and Chipotle along with a mix of other local and regional businesses. Massage Ultra plans to open this new location in spring of 2024.

NAI Glickman Kovago & Jacobs managing partner Mike Jacobs and vice president Tim Whittredge represented both the landlord and the tenant in this transaction.

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

Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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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.