News:
Brokerage
Posted: February 26, 2009
O'Brien of CB Richard Ellis sells 19,350 s/f strip center for $1.225m
Margaret O'Brien, vice president of CB Richard Ellis, has negotiated the sale of Gonic Plaza, a fully leased multi-tenant retail/office building at 187 Gonic Rd. to Astoria Boulevard Realty Group for $1.225 million.
O'Brien represented the seller and procured the buyer in this transaction.
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.