News: Brokerage

Paramount reps in purchase of 3,221 s/f property for $775,000

A free-standing building at 80 Washington Sq. has been sold. The seller of the property, Building E Norwell, LLC was represented by David Mitchell of Rader Properties while the buyer, Paul Falzone of The Right One, was represented by Jay Nuss of Paramount Partners, LLC. The building, which will serve as the corporate headquarters for The Right One Dating Service, contains 3,221 s/f of single-level space together with a full basement. According to the Plymouth County Registry of Deeds, the purchase price was $775,000.
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Wyzer Biosciences to relocate to 5,800 s/f space at Cummings Properties’ Boston Ave. innovation campus

Medford, MA Wyzer Biosciences will relocate next month from 85 Bolton St. in Cambridge to Cummings Properties’ Boston Ave. innovation campus. The firm’s new headquarters encompasses 5,800 s/f of administrative and laboratory space. Founded in Cambridge in 2011, Wyzer provides customized, end-to-end DNA sequencing and preparation services for the biopharma, biotech, and academic research sectors.
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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

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.