.jpg)
News:
Brokerage
Posted: October 27, 2017
Newmark Knight Frank sells 31,623 s/f The Shops at Mall Road
Burlington, MA Newmark Knight Frank (NKF) has completed the sale of The Shops at Mall Road to a private equity fund managed by Crow Holdings Capital Partners, L.L.C. Executive managing director Geoffrey Millerd, managing director Justin Smith, associate director Paul Penman and financial analyst Christopher Peterson of NKF’s Boston Capital Markets Group, which is led by U.S. Head of Capital Markets Robert Griffin, oversaw the transaction of the 100% leased shopping center on behalf of RJ Kelly.
Totaling 31,623 s/f, The Shops at Mall Road is fully occupied by a six-tenant roster including Duluth Trading Co., Catherines, Cycl3, Orangetheory Fitness, Wendy’s and Supercuts. Most notably, the property serves as home to Duluth Trading Co.’s first store in the New England marketplace.
MORE FROM Brokerage
Chozick Realty completes $42 million sale of 189-unit Avon Woods Apartments
Avon, CT Chozick Realty - CRXE Group have completed the $42 million sale of Avon Woods Apartments, a 189-unit apartment community. Located on 47 acres, Avon Woods is a desirable apartment complex in the greater Hartford region.
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.
