Paul Herrick Group leases two retail spaces in downtown Salem
The Paul Herrick Group recently leased two retail spaces in downtown Salem. Paul Herrick represented 281 Essex Street LLC.
Armstrong Field Real Estate, a residential brokerage firm, leased 895 s/f on the Crombie St. side and Coven Café, a specialty foods store opening this month, occupies over 1,700 s/f on Essex St.
Located in prime retail area in downtown, this property was formerly a furniture store and was renovated into 20 residential condominiums and three retail spaces in 2008.
The retail spaces feature factory finished exposed brick, beams and other industrial elements, plank flooring and walls of windows with a designer style.
The Paul Herrick Group is a leading North Shore real estate marketing and consulting firm based at Keller Williams Realty in Beverly.
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.
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.
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.