News: Brokerage

Nordlund Associates, Inc. sells 39 Wallis St., Peabody, MA for $2.85 million

Peabody, MA Nordlund Associates, Inc. has completed the sale 39 Wallis St. Chris Everest, Logan Brown and Kevin Olson of Nordlund Associates represented the seller, Tan-Rite Realty LLC. The transaction closed for $2.85 million. 

Nicholas Ambeliotis, member of Tan Rite Realty LLC, “We engaged Chris Everest and Kevin Olson of Nordlund Associates because of their strong regional presence and commercial real estate expertise. Their team took a strategic approach to positioning the property, ultimately identifying the right buyer, and navigating a process that had its complexities along the way. We appreciated their consistent communication and hands-on involvement throughout the transaction. We would not hesitate to work with Nordlund Associates again in the future.”

MORE FROM Brokerage

Bradley of Horvath & Tremblay handles $9.5m Belmont Portfolio sale

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.
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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

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