News:
Brokerage
Posted: March 24, 2017
Powers & Company signs two leases totaling 1,887 s/f
Haverhill, MA Powers & Company has leased two out of the three newly restored street level retail spaces at 41 Washington St. in downtown. Battle Grounds Coffee is now open in 1,437 s/f and Modern Furniture has opened in 450 s/f.
The four-story building, originally a shoe factory, has been recently restored by the Traggorth Company into first floor retail with high tin ceilings and historic details. 18 apartments are located in the three levels above. The building is adjacent to a large public parking lot, as well as street parking and walking distance to the Haverhill MBTA stop. One remaining space of 1,437 sf is available.
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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
Quick Hits
Columns and Thought Leadership
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
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.
