News: Brokerage

Neaton of Saugatuck Commercial Real Estate represents Jersey Mike’s in multiple CT leases

Westport, CT Dan Neaton of Saugatuck Commercial Real Estate (SCRE) exclusively represented Jersey Mike’s in executing 24 additional retail leases since last reported in January 2022. With these completed leases, Neaton has executed 55 Jersey Mike’s leases with nine additional pending transactions. 

“We are delighted to be working with Jersey Mike’s Real Estate Director, Brooke Cabrera and the entire corporate development team,” said Neaton. “We appreciate the opportunity to partner with several outstanding franchise owners as they continue to grow the brand.”

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DMG Brokerage completes $2.7 million sale of 55 Accord Park Dr.

Rockland, MA DMG Brokerage completed thel sale of 55 Accord Park Dr. for $2.7 million. The 26,000 s/f commercial property presented a unique marketing challenge due to its 60% vacancy and site restrictions that limited potential redevelopment options.
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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.