Realty Partners, NE secures four leases for Dunkin' Donuts
Realty Partners, NE represented the landlord and tenant, Dunkin' Donuts, on four lease transactions at West Prospect Ave., Utica Ave., Flatbush Ave., and 17th St.
Realty Partners, NE is the exclusive leasing agent for the largest Dunkin' franchisee in the Brooklyn market who owns and operates multiple units and commissaries throughout Brooklyn, Queens, and Manhattan.
The tenant space requirements include either in-line or corner locations ranging from 1,100 to 1,600 s/f and in most cases include basement storage areas. Dunkin' typically accepts the premises in an "as-is/where-is" condition and retrofits the interior and exterior to a prototypical Dunkin' Donuts.
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.
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.