News: Brokerage

Rozier of Kane Co. leases 3,000 s/f retail building to AAA

As part of their expansion plans, AAA of Northern New England has leased a 3,000 s/f stand alone retail building at Tri-City Plaza from Centro Watt. "AAA's plans to focus more on their retail presence throughout Northern New England includes moving away from the downtown locations to more centralized shopping areas," said Vanessa Rozier, retail specialist for The Kane Co. who brokered the lease. "AAA had many requirements that needed to be met. This effort was made more challenging due to the limited availabilities in the market. In the end we were able to find them a site that exceeded their expectations." Rozier continues to work with AAA to find relocation space. Jody Skaff of The Kane Co. listed the space and Rozier represented the tenant.
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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.