News:
Brokerage
Posted: July 25, 2013
Nordblom Company with The Cronin Group lease 8,400 s/f to Tony C's
Burlington-based Nordblom Company has completed an 8,400 s/f lease with The Cronin Group at 3rd Ave. Located just off of Middlesex Turnpike, 3rd Ave. is the dining and entertainment heart of the 4.6 million s/f Northwest Park mixed-use redevelopment. The 3rd Ave retail-walking street will be anchored by Wegmans and KINGS Bowl.
"We are very pleased to welcome Tony C's to 3rd Ave.," said Douglas Wynyard, senior vice president for Nordblom Company. "The Cronin Group not only delivers high-quality food, service, and engaging restaurant environments, but it also has a proven track record of supporting local communities; it speaks to the "best-in-class" quality we are bringing to 3rd Ave. Tony C's is going to be a fantastic amenity for Burlington and is certain to "knock the ball out of the park."
Tony C's will be a sports-themed restaurant in the Greater Boston suburbs. Combining the highest quality HD audiovisual system available with a premium menu featuring fresh "house-made" comfort fare, Tony C's will be an inviting environment for families, sports fans, and business people alike.
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.