News: Brokerage

Nordblom leases 1,174 s/f to Quinstance

3rd Ave, the dining, entertainment and homegoods heart of Burlington, completed a 1,174 s/f lease with Quinstance. Being developed by Nordblom Company, the 300,000 s/f 3rd Ave retail-walking street is home to Wegmans, The Bancroft, Tony C's, Kings Bowl, Osteria Nino, Boston Interiors, Carter's Diamonds, and Cambridge Savings Bank with PAUL Bakery, 18|8 Fine Men's Salon, Avalon Nail & Day Spa, Redstone American Grill, and Mitchell Gold + Bob Williams opening in the near future. "Quinstance is a brand new concept and will open their first store at 3rd Ave," said Adele Olivier, senior vice president for Nordblom Co. "Defined as 'an object you stumble upon that makes you happy each time you use it, put it on, or look at it,' Quinstance will be a great addition to our dynamic tenant line-up." Quinstance is a gift shop dedicated to handmade goods. They carry 90% American-made goods and 10% fair trade.
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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.
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Columns and Thought Leadership
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The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

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