According to RM Bradley, Barre 44, a boutique fitness studio specializing in barre exercise classes, signed a three-year lease for 829 s/f at 51 E Main St. Local business owner and instructor Danielle Srb will offer Barre & other Pilates based classes 6 days a week. Barre 44 classes combine elements of ballet, Pilates, cardio and strength training to tighten, tone, and elongate every muscle.
Meagan Williams of RM Bradley represented the tenant, Barre 44 on this transaction Berkshire Hathaway represented the landlord, Shops at Applewoods.
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.
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.
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.