News:
Brokerage
Posted: June 27, 2013
Qiu of The Conrad Group leases 1,500 s/f
Wendy Qiu, of The Conrad Group recently leased a 1,500 s/f unit at Randolph Shopping Plaza on behalf of its owner, JAMP realty, LLC. The new tenant, Yogurt City, is a national chain and has over a dozen stores locally.
Yogurt City joins other tenants including Shaw's Supermarket, Rite Aid, Eastern Bank and The Dress Barn to name a few. Randolph shopping Plaza consists of approximately 120,000 s/f and is presently 97% leased.
Qiu is the exclusive leasing agent for the owner, and also represented the tenant, Yogurt City. According to Qiu, "Yogurt City was attracted to Randolph Shopping Plaza for many reasons; among these were its quality, tenancy and traffic counts."
MORE FROM Brokerage
Goldberg of Spire Investments purchases Beverly portfolio for $9.2m
Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
Quick Hits
Columns and Thought Leadership
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.
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.