News: Brokerage

Shea of Shea Comm'l. handles 1,500 s/f lease

Salem Color Nails has leased 1,500 s/f of space at Castleridge Plaza. Owned and operated by Henry Tan, Salem Color Nails specializes in natural nail enhancements, manicures and pedicures.Castleridge Plaza is located on Rte. 28, 166 North Broadway. The leasing transaction was handled for Castleridge Realty Trust and Salem Color Nails by Harry Shea of Shea Commercial Properties, Inc.
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Kelleher and Pentore of Horvath & Tremblay sell a 15-unit multi-family property in Chelsea, MA for $3.55 million

Chelsea, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a 15 units for $3.55 million.  827-835 Broadway, which is a value-add type asset, is situated in a high-density, urban-infill neighborhood.
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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.