News:
Brokerage
Posted: November 27, 2007
Stonemar Properties purchases two fully leased shopping centers
Stonemar Properties, a New York-based real estate investment and management company, has purchased two fully leased regional shopping centers for $16 million. The seller is Belz-Burrow Development Group. Financing was provided by Royal Bank of Canada.
The centers comprising 155,000 s/f are Bernard Court, at 1843 East Highland Dr. and Crossroads Shopping Center at 2400 East Highland Dr., Both centers are anchored by major chains and are fully occupied.
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Wyzer Biosciences to relocate to 5,800 s/f space at Cummings Properties’ Boston Ave. innovation campus
Medford, MA Wyzer Biosciences will relocate next month from 85 Bolton St. in Cambridge to Cummings Properties’ Boston Ave. innovation campus. The firm’s new headquarters encompasses 5,800 s/f of administrative and laboratory space. Founded in Cambridge in 2011, Wyzer provides customized, end-to-end DNA sequencing and preparation services for the biopharma, biotech, and academic research sectors.
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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
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.
