News:
Brokerage
Posted: February 27, 2014
PAUL Bakery to open 2,627 s/f store at 3rd Ave Burlington
3rd Ave Burlington, the dining and entertainment heart of Burlington, completed a 2,627 s/f lease with PAUL Bakery. Being developed by Nordblom Company, the 3rd Ave retail-walking street will be anchored by Wegmans and Kings Bowl and home to The Bancroft, Cambridge Savings Bank, Tony C's, Redstone American Grill, Boston Interiors and Carter's Diamonds.
"In keeping with our theme of delivering best-of-class operators, PAUL brings to 3rd Ave the finest of international flavors with their bakery and European coffee bar," said Douglas Wynyard, senior vice president for Nordblom Co.
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.
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.