News: Brokerage

Shair of M&J Assoc. leases 2,150 s/f at Acton Woods Plaza

According to Mark Shair, president of M&J Associates, KoKo Fit Club has opened at Acton Woods Plaza. The store is 2,150 s/f and the shopping center is located at the corner of Rte. 2A-Great Rd. and Rte. 27. KoKo Fit Club is a one-of-a-kind new fitness concept designed to provide a 30 minute total workout on a computerized multi-gym training machine. A customized workout plan is completed for each club member. KoKo is rapidly expanding. They operate more than 60 units from Mass. to the West Coast, and over 100 franchises have been sold. Acton Woods Plaza is a 45,000 s/f shopping center anchored by a high volume CVS. According to Shair, "Despite the economic meltdown, two new tenants have opened in the past 12 months with a third opening in 10 days. Also, two existing tenants have more than doubled in size within the past year." M&J Associates represented the landlord and is exclusive leasing agent for the property.
MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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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

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