Pembroke Real Estate leases 6,200 s/f to City Landing
Pembroke Real Estate signed City Landing as a new tenant at 255 State St., leasing 6,200 s/f of restaurant space.
"City Landing will enhance the first-rate, local dining options for working professionals, tourists and residents with an active, highly visible location next to the New England Aquarium and overlooking the Rose Kennedy Greenway," said David Lucey, vice president, Pembroke R.E.
City Landing plans to open in July. Jonathan Martin, VP and head of Colliers Boston's Restaurant Practice Group was the only broker involved in the transaction.
Springfield, MA Michael Bradley of Horvath & Tremblay has arranged the sale of the Belmont Portfolio, a six property, 78 unit multi-family portfolio. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9.5 million.
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.