News: Brokerage

Powers & Co. brokers five leases totaling 23,000 s/f at Vinnin Sq. Plaza

Powers & Company, representing the owner of Vinnin Square Plaza, has brokered five new leases totaling over 23,000 s/f to revitalize Vinnin Square Plaza and positioned the center to just one space short of 100% leased. The five new retailers are Petco, the Paper Store which leased 6,500 s/f, Aiki Hibachi which will operate out of 5100 s/f, All Eye Care Optical, and Kenneth Jon Jewelers who both leased 1,350 s/f each. Cooperating brokers Atlantic Retail Properties, The Drumlin Group, and The Auber Group represented their tenants. This great new line up of retailers joins CVS, Panera Bread, Elizabeth Grady, Sleepy's and Athlete's Corner. Powers & Company represents retail landlords throughout the greater Boston area.
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Kelleher & Pentore of Horvath & Tremblay sell two multi-family property for $13.7 million

Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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Columns and Thought Leadership
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.
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.