News: Brokerage

RK Centers welcomes 11,000 s/f Guitar Center

According to RK Centers, a Guitar Center store will open at RK Queen Plaza. The 11,000 s/f new store's location provides local music students and the surrounding community access to Guitar Center's vast product selection, specialty instruments. Located at 825-875 Queen St. (Rte. 10), Guitar Center Southington is scheduled to open late spring with an official grand opening day of music-centered activities open to the public. "We are excited to welcome Guitar Center to RK Queen Plaza and eagerly anticipate this great tenant opening their doors," said Ken Fries of RK Centers. At RK Queen Plaza, Guitar Center will join other national retailers such as Bed Bath and Beyond, TJ Maxx, Payless Shoes, Radio Shack, and Supercuts in addition to many others.
MORE FROM Brokerage

Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas

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

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.