Simone Development Companies acquires four auto dealership properties

Simone Development Companies has acquired auto dealership properties on West Putnam Ave., for an undisclosed price. Together, the four properties house two luxury car dealerships, including the local Mercedes-Benz and Cadillac franchises, according to Joseph Simone, president of Simone Development Cos. The property addresses are 217 West Putnam Ave., 252 West Putnam, 261 West Putnam, and 262 West Putnam.

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Keogh of 128 CRE facilitates $7.7 million off-market sale of 10.25-acre IOS portfolio in Ayer and Devens to Realterm

Ayer, MA James Keogh of 128 CRE facilitated the $7.7 million off-market sale of two industrial outdoor storage (IOS) properties in Ayer and Devens, Mass., to Realterm. 128 CRE served as the sole broker in the transaction.

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September is National Preparedness month - by Dawn Bauman

Columns and Thought Leadership

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.

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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.