News: Brokerage

New England Retail Properties leases 2,090 s/f to Little Caesars

New England Retail Properties, Inc., has leased 2,090 s/f to Little Caesars Pizza Take Out and will be opening at the Colonial Plaza Shopping Center located on Thomaston Ave. The store will be operated by 8 Slice Enterprises, LLC, an eight store Little Caesar's Franchisee based in Santa Cruz, California. This will be their third Connecticut location. Gloria McMann of Merrigan & LeFebvre Realty, Inc., in Windsor Locks, Connecticut represented the tenant. Matt Halprin, principal, the exclusive broker for Colonial Plaza represented the landlord, Stop & Shop Supermarkets, Inc. Colonial Plaza consists of 220,000 s/f of neighborhood retail and has many regional and national tenants.
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Wyzer Biosciences to relocate to 5,800 s/f space at Cummings Properties’ Boston Ave. innovation campus

Medford, MA Wyzer Biosciences will relocate next month from 85 Bolton St. in Cambridge to Cummings Properties’ Boston Ave. innovation campus. The firm’s new headquarters encompasses 5,800 s/f of administrative and laboratory space. Founded in Cambridge in 2011, Wyzer provides customized, end-to-end DNA sequencing and preparation services for the biopharma, biotech, and academic research sectors.
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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.