News: Brokerage

Scanlon of Grubb & Ellis | NNE completes $530,000 sale in Bedford

According to Grubb & Ellis|Northern New England, Dan Scanlon, JD, CCIM sold the former Luisa's Italian Pizzeria restaurant location on South River Rd. to Kahya Properties, LLC. Ismail Kahya, the principal of the buyer entity, owns and operates the Bagel Café on Hanover St. in Manchester and plans to relocate his second restaurant on Second St. in Manchester to this new location. Scanlon represented the buyer and Jon Matta of MGM Realty Group represented the seller, Xavier Realty, LLC. The selling price was $530,000.é, South River Road - Bedford, NH
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Wilder and J.P. Morgan Asset Management acquire The Marketplace at Huntingdon Valley, launching new retail investment partnership

Huntingdon Valley, PA Wilder, a leading retail real estate development, leasing, and management firm, has completed the acquisition of The Marketplace at Huntingdon Valley, a 257,000 s/f community shopping center in Pennsylvania, through a newly formed investment partnership with investors advised by J.P. Morgan Asset Management.
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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.