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Brokerage
Posted: September 26, 2013
NAI Norwood Group leases 9,000 s/f to Flip City in Merrimack
NAI Norwood Group completed the lease transaction that facilitated the expansion of Flip City. Aron Brown of NAI Norwood Group represented Flip City Gym in leasing 9,000 s/f at 746 Daniel Webster Hwy. Matt Toolin of Fini Real Estate represented the landlord in the negotiations. Flip City is expanding to a second location. A five year agreement was signed.
The Flip City, LLC. is home to The Touch of LUCK Foundation. The non-profit corporation is built around a health & fitness based initiative to be proactive in the fight against preventable disease. "One child at a time, we can change the world!"
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
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.