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!"
Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
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.
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.