News: Brokerage

SRS Real Estate Ptrs. leasing agent for new 86,000 s/f Kings Crossing

SRS Real Estate Partners was awarded its latest landlord representation assignment for a new 86,000 s/f retail development by Summit Development, LLC. Kings Crossing, located at Kings Hwy. (Rte. 1) and US I-95, has broken ground and is currently under construction, with an expected opening in spring 2011. Signed tenants include a 45,000 s/f Whole Foods Market and a 14,000 s/f CVS/Pharmacy. Kings Crossing is located adjacent to the new Metro North train station and a free standing Home Depot. The location was formerly a Hardy & Harman industrial site, and is being repurposed for retail use. Patrick Smith, executive vice president and principal, and Christa Minogue, senior associate, of SRS Real Estate Partners have been retained to lease the remaining 22,000 s/f multi-tenant retail space. "We are proud to bring this Whole Foods anchored shopping center to Fairfield. Our project will complete the linkage to Fairfield's new train station," said Felix Charney, principal of Summit Development LLC, the project developer.
MORE FROM Brokerage

Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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Columns and Thought Leadership
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.
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.