NAI Hunneman brokers $2.63 million sale at 916-932 Highland Avenue

NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $2.63 million sale of an 8,606 s/f retail strip center located at 916-932 Highland Ave. in the heart of Needham Center to Alphi LLC. Executive vice president David Ross, assisted by sales associate Gina Barroso represented the seller MMM Property LLC. "Needham Center has always been a sought after retail destination with strong demographics," said Ross. "Along with location, the seller did a great job redeveloping this site into a first class retail asset, with a quality tenant roster which made this an appealing opportunity to local investors." 916-932 Great Plain Ave. is located within the heart of Needham Center's retail district. The property is home to two first-class retail tenants and offers easy access to both public transportation via the commuter rail, as well as Rte. 128 which connects to Interstates 95, 93 & 90 (the Massachusetts Tpke.) making Downtown Boston, Logan International Airport and destinations north, south, and west well within reach.

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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.

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

O’Brien of Greater Boston Commercial Properties, Inc. handles sale of 45.5 acres of commercial land

O’Brien of Greater Boston Commercial Props. handles sale of 45.5 acres

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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.