News: Brokerage

Sam Park & Company plans new 38,500 s/f lifestyle development, The Pavilion

Sam Park & Company, LLC plans to develop a new 38,500 s/f lifestyle development, The Pavilion. Situated across from the 380,000 s/f Mansfield Crossing lifestyle center and adjacent to the 24,000 s/f Mansfield Marketplace, The Pavilion will complement and enhance these centers. The project includes the potential for two restaurants with outdoor seating, a drive through and visibility on School St. Neighboring national retailers include LL Bean, American Eagle, Best Buy, Kohl's, Bertucci's, and Coldstone Creamery. Deborah Meyers of Paramount Partners LLC is the exclusive leasing agent.
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Horvath & Tremblay sells three retail properties in New England for $3.65 million

New Milford, CT Horvath & Tremblay has completed the sale of three retail properties in New England for a total of $3,652,529. Brian Ahrens, Aaron Huntley, Matt Nadler, Bob Horvath and Todd Tremblay of Horvath & Tremblay have completed the sale of a MyEyeDr in New Milford. Horvath & Tremblay exclusively represented the seller and sourced the buyer
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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

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

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.