Shair of M&J Assoc. leases 2,800 s/f to new Burger King prototype
According to Mark Shair, president of M&J Associates, Inc., Burger King has opened at 32 Riverside St. The building is 2,800 s/f with 60 seats and a drive thru window. The site was operated for many years as a gas station.
According to Shair, " This was a very significant opening for Burger King. It is the brand new national prototype building and pylon sign with electronic reader board. The reception to this design has been phenomenal."
Shair and Greg Boulos of CBRE|The Boulos Company represented Burger King.
This is the 2nd Burger King unit in Portland. The other Portland restaurant is on Forest Ave. Also, there is a unit adjacent to the Maine Mall in South Portland that will be demolished and re-built in the first half of 2010.
Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace
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.
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.