Pro Con begins construction on new 78,500 s/f Market Basket

Construction is underway for a new 78,500 s/f Market Basket store located at 539 Donald St. RMD Inc of Tewksbury, Mass. is the developer for Demoulas Super Markets Inc and the Market Basket stores. Prellwitz/Chilinski Associates Inc of Cambridge, MA is the project architect and Pro Con Inc of Manchester is the construction manager for the project. "The foundation is 95% complete and the building's steel framing is more than 50% complete," stated the project superintendent for Pro Con Inc. "The loading dock area is complete and we will begin work the exterior framing by the end of August. The building will be completely weather tight November." Pro Con Inc began construction in June and has scheduled a late spring 2013 completion date. DeMoulas Super Markets, Inc. operates 67 Market Basket stores throughout Mass. and N.H. This is the second Market Basket supermarket Pro Con Inc has managed for DeMoulas Super Markets. In March 2012, Pro Con Inc completed a 100,000 s/f Market Basket store on Elm St. in downtown Manchester.

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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.

NAI Glickman Kovago & Jacobs brokers $13.5 million sale of 134,648 s/f industrial/flex building

NAI Glickman Kovago & Jacobs brokers $13.5m sale of 134,648 s/f

The Davis Companies closes long-term lease with Downeast Global Logistics at 530 John Hancock Rd.

The Davis Cos. closes long-term lease with Downeast Global Logistics

Colliers represents Marcus Partners and Rhino Capital Advisors in 88,000 s/f industrial lease

Colliers reps. Marcus Ptrs. and Rhino Capital in 88,000 s/f ind’l. lease

O’Brien of Greater Boston Commercial Properties, Inc. handles sale of 45.5 acres of commercial land

O’Brien of Greater Boston Commercial Props. handles sale of 45.5 acres

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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.

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