James Stachelek has joined New England Retail Properties, Inc. He recently graduated from Bentley University with a bachelor of science degree in Business, concentrating in Finance.
At New England Retail Properties, Stachelek will be responsible for development and brokerage assignments throughout Conn., Mass., and R.I.
His development assignments involve locating sites for retail tenants, creating site proposal packages and attending planning and zoning meetings before and during the construction process. His brokerage assignments focus on commercial retail development, sales, leasing and tenant representation.
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.
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.
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.