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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Kelleher & Pentore of Horvath & Tremblay sell two multi-family props. for $13.7 million

Melrose, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have facilitated the sale of 47 units spread across two multi-family properties in totaling $13.7 million. Kelleher and Pentore facilitated the sale of 333 Main St. and 447 Pleasant St.
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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.