Impact Functional and Sports Training has leased 7,500 s/f at Sudbury Plaza. Impact joins Shaws, CVS, Starbucks, Learning Express, Wild Birds Unlimited and other great retailers and hopes to be open before the new year. They are the first hybrid training functional and sports training center in the area.
The leasing of the space brings the Gravestar portfolio of retail centers located in Massachusetts and Rhode Island to 100% leased.
Powers & Co. represents landlords throughout New England and has received yearly CoStar Broker of the Year Awards for the high number of leases executed.
Franklin, NH Horvath & Tremblay has completed the sale of three retail properties in New Hampshire for a total of $6.285 million. Jake Mabardy, Aaron Huntley and Brad Canova of Horvath & Tremblay have completed the sale of Franklin Shopping Center. Horvath & Tremblay exclusively represented the seller and sourced the buyer to complete the transaction at a sale price of $3.595 million.
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.
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.