Reese Commercial Real Estate Services leases up Cold Spring Plaza

Reese Commercial Real Estate Services has leased to Bella Nail & Spa LLC, the remaining space at 945 Cromwell Ave. Known as Cold Spring Plaza, this 35,000 s/f retail plaza was constructed in the late 1970s by Cold Spring Plaza LLC. Dale Reese, managing principal of Reese Commercial represented Cold Spring Plaza LLC, the owner. "Our ownership group is extremely excited to announce that the plaza is now 100% leased for the first time prior to the 2008 financial downturn. When Reese Commercial was engaged, the plaza was 20% vacant and through Dale Reese's diligent leasing efforts we have achieved full occupancy and a stronger tenant mix," said Christine Connolly, manager Cold Spring Plaza LLC.

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Sullivan & Sullivan brings 14 Class A office condos to auction

Stoneham, MA According to Sullivan & Sullivan Auctioneers, the auction firm will bring a rare, bulk purchase opportunity to investors via an absolute auction of 14 Class A office condominiums off I-93 near Spot Pond. The combined offering totals 21,083 s/f with 14 individual units ranging in size from roughly 4,063 s/f to 485 s/f within two interconnected buildings. The space is approved for medical, professional office, and general office, among other uses.

The Mega Group completes $3.26m sale of 12-unit apartment building

Wilks and Braun of O,R&L Commercial represent AAA Northeast in $2.35m sale

Wilks and Braun of O,R&L Commercial represent AAA in $2.35m sale

Marcus & Millichap arranges $2.4 million multifamily sale

Downtown Realty acquires 3.6 acres for $2.1 million

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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.