News: Brokerage

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.
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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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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.