News: Brokerage

Papazian of Greater Boston Commercial Properties Inc. brokers $2 million sale

Westborough, MA Nishan Papazian of Greater Boston Commercial Properties Inc. was the sole broker in the sale of a 2.14-acre commercial land parcel located at 196-198 Turnpike Rd., for $2 million.

The highly visible property, situated along one of the town’s primary commercial corridors, offers accessibility with access to I-495 and I-90. The property has over 558 feet of prime frontage on Rte. 9, making it a desirable location for commercial development. The sale price represents a record price per acre of over $934,000.

MORE FROM Brokerage

Wilder and J.P. Morgan Asset Management acquire The Marketplace at Huntingdon Valley, launching new retail investment partnership

Huntingdon Valley, PA Wilder, a leading retail real estate development, leasing, and management firm, has completed the acquisition of The Marketplace at Huntingdon Valley, a 257,000 s/f community shopping center in Pennsylvania, through a newly formed investment partnership with investors advised by J.P. Morgan Asset Management.
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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

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.