News: Brokerage

Robert Rowe Realtors negotiates 60,000 s/f deal for Boch West Honda

Ernest Boch, Jr., well-known Boston area owner of multiple car dealershps, has obtained planning board and all other approvals from the Town of Westford, to build a Boch West Honda dealership facility at Littleton Rd. After winning the right to the Honda dealership, Boch then obained permits for the placement of a 60,000 s/f facility on six contiguous lots totaling about 17.4 acres of highly visible commercial land owned by the principals of Westfort Real Estate. The building will contain a new car showroom, a service area, various lots for parking, a stockroom, offices, and others. Boch representatives and architect Louis Avello worked closely with the planning board to render a plan that will resemble some historic colonial buildings in the town. Attorney Paul Alphen of Wetford, provided counsel for Boch. Robert Rowe of Robert Rowe Realtors, Acton, provided search and site location services as well as negotiating terms for both parties.
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.
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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.